The Chalchi FSO vessel is currently under construction and, once completed, will operate under a 20-year lease agreement with Woodside Energy.

Amsterdam, June 4, 2026SBM Offshore announces that it has entered into a shareholders’ agreement with its long-standing business partner Nippon ...

Dutch floater specialist SBM Offshore has agreed to divest a minority interest in the Chalchi floating storage and offloading ...

Modec Inc.’s floating storage and offloading unit Ta’Kuntah has reached a milestone in the industry—offloading a total of 1 billion bbl of oil to 1,745 export tankers. The FSO, owned and operated by ...

Lloyd’s Register (LR) has granted an Approval in Principle (AiP) to Wison New Energies for a harsh-environment floating production storage and offloading (FPSO) design featuring an internal turret ...

MODEC, Inc. reported Friday that it has signed a contract with Japan Vietnam Petroleum Co., Ltd. (JVPC), which is a group company of Nippon Oil Corp., for the supply and operation of a floating ...

An initial 10-year charter is up for grabs, said sources, with options likely to push the job out even further. “It’s a beautiful job,” said one source. “After the initial period, it’s likely to run ...

Floating Storage and Offloading vessel FSO Fargo has left Dubai and is heading to the Campos Basin offshore Brazil. Perenco Brazil has seen its Floating Storage and Offloading (FSO) vessel, FSO Fargo, ...

Robert Allan Ltd. announced that it was selected by Teekay Shipping (Canada) Ltd. to provide the contract engineering package for the conversion of the M/V Navion Clipper from a shuttle tanker into a ...

SBM Offshore has entered into a shareholders' agreement with long-standing business partner NYK to divest a 45% ownership ...