Covington-based LLOG Exploration Offshore, a privately owned deepwater energy company, has reached first production at its Salamanca Floating Production Unit in Keathley Canyon 689, approximately ...

BP plc BP, the British oil and gas giant, has awarded a contract to SBM Offshore to assist with the installation of the Kaskida semi-submersible Floating Production Unit (FPU). Per the terms of the ...

Image source: The Motley Fool. Offshore pipeline transportation segment margin-- Delivered a sequential 16% improvement in the third quarter, with further growth expected as Shenandoah and Salamanca ...

CIMC Raffles to convert Saipem’s semi-submersible rig Scarabeo 5 into an FPU for Eni venture Chinese yard CIMC Raffles has won a contract from Italian major Saipem to convert its semi-submersible ...

An industrial-scale concept for a floating production unit to produce green ammonia has secured Approval in Principle (AiP) from DNV, and the project is now ready to start the Basic Design phase. The ...

BP Exploration and Production let a contract to SBM Offshore USA for the wet tow and installation of a floating produciton unit for Kaskida. Start-up is expected in 2029 and is expected to produce ...

Already a record-holder in deep-water production, Petrobras' research and development arm, Cenpes, has devoted considerable resources to the challenge of reducing riser stress after identifying this ...