Under these contracts, SBM Offshore will, in partnership with Technip Energies, construct and install a Floating Production, Storage and Offloading vessel (FPSO)
Equinor has struck oil and gas near the Fram field in the North Sea. The discovery is estimated at between 13 and 28 million barrels of oil equivalent.
Woodside Energy has passed a major milestone for its operated Trion Development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).