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Wednesday, May 27, 2026

(FPSO)

SBM Offshore's FPSO cooling technology gains ABS approval- oil and gas 360

SBM Offshore’s FPSO cooling technology gains ABS approval

May 27, 2026

(World Oil) – SBM Offshore has received a Statement of Maturity from American Bureau of Shipping (ABS) for its Seawater Intake Riser technology, a subsea cooling system designed to improve energy efficiency and reduce emissions on floating production units. Developed in collaboration with Shell, the Seawater Intake Riser (SWIR) system pumps colder seawater from approximately 700 m below the ocean surface to FPSO

Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million- oil and gas 360

Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

March 13, 2025

(World Oil) – Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. The gross purchase price is $125 million, subject to customary closing adjustments, and includes an initial approximate $100 million payment upon delivery by the end of first

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