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FPSO

COOEC Seeks Brazilian FPSO Contract in 2027

COOEC has set 2027 as its target for a first Brazilian FPSO contract after placing second in the Albacora tender. The project has progressed to commercial negotiations between Petrobras and Yinson.

Shell Agrees to Buy 30% Stake in Bay du Nord Project

Shell has agreed to acquire 30% of Bay du Nord offshore Canada. Equinor will retain 70% and remain operator as the CAD 14 billion development moves towards an investment decision targeted for early 2027.

ONGC Sounds Out Market for MOPU, FPSO or FPU

ONGC is sounding out the market for two or more MOPU, FPSO or FPU units for three groups of marginal fields in India’s Western Offshore under a proposed 7-year firm plus 3-year option structure.

BW Offshore Blue Ammonia FPSO Receives DNV AiP

BW Offshore and McDermott’s blue ammonia FPSO concept has received DNV Approval in Principle. The design targets annual ammonia output above 1 million tonnes with integrated carbon capture.

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