Floating Production News

Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by Solstad Offshore and SBM Offshore.The vessel, which will be built in China, represents a new generation of offshore construction assets designed to perform complex installation, subsea construction and heavy-duty offshore operations. With advanced mooring installation and subsea construction capabilities at its core…

MacGregor has expanded its offshore technology portfolio with a certified floating-to-floating personnel transfer capability for its Horizon gangway and a new bow transfer system designed for direct ship-to-well transfer of LCO2.The Horizon gangway has received DNV certification under DNV-ST-0358 for floating-to-floating personnel transfers following a successful sea acceptance test. The certification enables motion-compensated connections between two vessels moving independently…

C-Job Naval Architects and Glomar unveiled the design of a next-generation Offshore Support Vessel (OSV) that the pair claims provides a breakthrough in versatility and sustainable engineering.Purpose-built as Glomar’s first vessel of its kind, the design eliminates the need for multiple specialized ships. Engineered for peak performance across diverse offshore tasks — from subsea inspections and cable trenching to ROV operations — this vessel sets a new industry benchmark as a “Swiss Army knife” for offshore work.“This project reflects C-Job’s drive to deliver innovative…

Seatrium Limited entered into a Letter of Intent (LOI) with Golar LNG Limited to advance a potential third Floating Liquefied Natural Gas (FLNG) conversion project to be undertaken by Seatrium for Golar.Under the arrangement, Seatrium and Golar will work together to advance technical design development and project definition activities, with the objective of finalising an Engineering, Procurement and Construction (EPC) contract in the second half of 2026. An upfront consideration…

When maritime autonomy is discussed, the image is often a large cargo ship crossing an ocean without a crew. That remains a longer-term regulatory and technical challenge. The more immediate commercial market is developing elsewhere – smaller uncrewed surface vessels (USVs) and autonomous underwater vehicles (AUVs) are already surveying seabeds, inspecting pipelines and cables, monitoring offshore wind farms, and collecting hydrographic and geophysical data.Intelatus Global Partners identifies 825 USV…

The Trump administration will offer more than 81 million acres (32.8 million hectares) in the Gulf of America to oil and gas drillers as part of an effort to boost domestic energy production with regular offshore lease sales.The sale is the second since the U.S.-Israeli war with Iran disrupted global crude flows and sent oil prices to four-year highs. It is the third of 30 mandated by U.S. President Donald Trump's tax cut and spending law passed in 2025.The Interior Department will offer 15,100 unleased blocks located between 3 and 231 miles (4.8 to 372 km) offshore on the U.S.

SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the well stimulation vessel MV Island Captain.The agreement provides dedicated stimulation capacity to support the development of tight offshore reservoirs and help maximize recovery from future wells.As part of the contract, MV Island Captain will be converted into a fully proppant-capable stimulation vessel.Planned upgrades include expanded proppant storage…

German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in U.S. waters and to direct the funds to LNG and natural gas power plant projects.The arrangement is the fifth, and largest, the administration has entered into this year as part of its wide-ranging effort to stop development of U.S. offshore wind projects, which U.S. President Donald Trump regards as costly and ugly. His…

France has selected five ports to receive nearly $300 million (€260 million) in funding under the France 2030 investment program to support infrastructure upgrades for the country's floating offshore wind industry.The projects, located at the ports of Cherbourg, Brest, Nantes-Saint-Nazaire, Port-la-Nouvelle and Marseille-Fos, were chosen under a 2024 call for projects aimed at adapting French port infrastructure for the manufacture, assembly and integration of floating offshore…

Seatrium has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for its 30 MW Floating Data Centre (FDC) concept, marking a milestone in the development of offshore digital infrastructure designed to support growing demand for artificial intelligence and cloud computing.The concept features a jetty-moored, non-propelled barge incorporating six independent 5 MW Data-In-A-Box modules, each integrating IT equipment, cooling systems, power distribution and supporting infrastructure in a modular design.The company said the concept combines modular construction…

Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029, according to a new report from ABS.Produced by ABS in collaboration with Intelatus Global Partners, Floating Offshore Wind and the Vessels That Support It examines the role large anchor handling tug supply vessels (AHTSs) and multipurpose support vessels (MPSVs) are expected to play in project execution…

Saipem has confirmed the completion of a key offshore installation campaign for the Neptun Deep natural gas project in Romania, marking another milestone in the development of what is expected to become the European Union's largest offshore gas project.The campaign, carried out by the Saipem 7000 heavy-lift vessel, included the installation of the production platform's 7,500-tonne jacket and 9,000-tonne topside, as well as associated offshore works forming part of the company's engineering…

ABL has been awarded a contract by Oil Search (PNG), a subsidiary of Santos, to provide marine warranty survey (MWS) services for Papua New Guinea's first offshore floating storage and offloading (FSO) facility.The work will support the supply, transportation, installation, pre-commissioning and commissioning of the FSO, which will be deployed at the Kumul Marine Terminal as part of the Kutubu Pipeline System.The FSO will provide storage and offloading for crude oil and condensate produced from multiple fields…

Following two successful pilots, the Engineering Construction Industry Training Board (ECITB), in partnership with the Global Wind Organisation (GWO) and Offshore Renewable Energy (ORE) Catapult, have officially launched the Wind Turbine Maintenance Technician Cross Skill Program to support worker transferability between oil and gas and wind operations and maintenance.The six-week program gives existing Instrument and Controls, Mechanical and Electrical Technicians the requisite…

Bordelon Marine has completed the conversion and redelivery of the MV Lilly Bordelon, a Stingray Series 260 Class DP-2 Ultra-Light Intervention Vessel (ULIV).Repurposed from an existing platform, the Lilly Bordelon has been transformed into a subsea intervention vessel designed to deliver solutions for offshore operations. The vessel features over 5,500 sq. ft. of clear deck space, a mezzanine deck supporting two work-class ROVs, with an integrated ROV control room.Equipped with a 60-ton active heave-compensated crane with over 3…

Saitec Offshore Technologies, through DemoSATH Lab, is using its operating floating wind demonstrator as a real-scale testing ground to study environmental interactions, improve monitoring methods, and explore solutions that support coexistence with marine biodiversity.Following the successful deployment of biomimetic reef solutions on the submerged section of the platform, the company is now testing new methods to co-locate floating wind and aquaculture.The recent offshore operation marks a new step in DemoSATH Lab's biodiversity program and forms part of the AQUASATH Project…

Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets.The agreements cover acquisitions of majority stakes in Next Geosolutions, WSense, Graal Tech, and Defcomm, which will be integrated into Fincantieri’s Underwater technological hub.Next Geosolutions…

Kongsberg has signed a contract with an unnamed international customer to deliver technologies for the protection of critical infrastructure.The project will focus primarily on underwater surveillance and protection, according to Kongsberg, which did not disclose the value of the contract.Critical infrastructure includes oil and gas installations, telecommunication cables, energy grids, ports and transportation networks.“Preventing and detecting threats and attacks are essential to protect people and critical infrastructure.

MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit.The forward hull section, built at Sumitomo Heavy Industries Marine & Engineering's Yokosuka shipyard in Japan, has departed for China, where it will be integrated with the aft hull section before the vessel moves to the next stage of construction.The project is the first to use…

Global liquefied natural gas demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power demand, Shell said in an annual report on Tuesday.Global demand is likely to reach nearly 700 million metric tons a year by that date, the world's largest trader of the superchilled fuel said in its 2026 LNG Outlook.LNG trade, which reached 422 million tons in 2025, had been set to increase in 2026, it added.

SBM Offshore has secured project financing worth $465 million for the Chalchi floating storage and offloading (FSO) vessel, being built for Woodside Energy's Trion project offshore Mexico.The financing has been provided by a consortium of international banks and institutional investors and includes partial insurance cover from China Export & Credit Insurance Corporation.SBM Offshore said the financing would be drawn during the construction period and would become non-recourse after the vessel starts operations.

For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints, rising electricity demand and water scarcity are making floating nuclear power a more serious proposition for policymakers, utilities, and infrastructureFloating Nuclear offers a potential source of reliable, low-carbon electricity and heat (and…

Ocean services provider DeepOcean has completed the installation and testing of all inter-array cables at the Nordseecluster A offshore wind farm in Germany.DeepOcean's contract included project management and engineering, the provision of cable protection systems, offshore preparatory works, pre-installation cable route surveys, transport and installation of inter-array cables, cable pull-in and cable burial activities.Cable-laying operations began in January 2026, with a total of 48 inter-array cables installed between January and April.