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FPSO refurbishment coming soon to prolong oil production to 2038 or longer

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Vaalco Energy has confirmed a timeline for the departure of a floating production, storage, and offloading (FPSO) vessel, operated by Canadian Natural Resources International (CNRI), from a deepwater oil field off the coast of Côte d’Ivoire in Africa. The post FPSO refurbishment coming soon to prolong oil production to 2038 or longer appeared first on Offshore Energy.

SBM Offshore and MISC wrap up FPSO stake swap

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The Netherlands’ SBM Offshore has completed the exchange of interests in two FPSO vessels with Malaysia’s MISC Berhad (MISC). The post SBM Offshore and MISC wrap up FPSO stake swap appeared first on Offshore Energy.

EU backs hydrogen infrastructure projects with over €250 million

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To help decarbonize the European Union (EU) industry, the European Commission will allocate over €250 million in grants from the Connecting Europe Facility (CEF) to 21 hydrogen infrastructure development studies. The post EU backs hydrogen infrastructure projects with over €250 million appeared first on Offshore Energy.