FPSO

Brazil

Milestones and Challenges Mark End of 2025 for Global Offshore Sector

December 2025 saw significant FPSO developments such as Drydocks World's completion of an EMEM conversion for Nigeria's Okwok field, Finder Energy's acquisition of Petrojarl I for Timor-Leste, production issues at Balder's Jotun FPSO and Petrobras P-69 production issues, alongside Petrobras postponing two units and Shell expanding stakes in Brazilian fields - events which highlighted sector resilience amid operational hurdles.[65 words]
Hanwha Ocean

November 2025 marks milestones in terms of conversion, redeployment and regulatory requirements in the FPSO market.

November 2025 saw a number of hardware deliveries, redeployment opportunities and regulatory advances across the FPSO space. Drydocks World converted an EMEM FPSO for use offshore Nigeria, while it also offered a redeployment opportunity in the West Africa space, with a Tamara Tokoni. Meanwhile, in FPSO related news, Petrobras changed up its long term fleet, and ABS added remote control capability to FPSOs.