Looking for a specific product?

Make a search for products & suppliers, articles & news.

BW Offshore and Prosafe Production to combine

Norway-based BW Offshore and Prosafe Production intend to combine the two companies, creating an FPSO industry leader with a strong platform for future growth, Aftenposten reports.

A combined company will become the second largest FPSO (floating production, storage and offloading) lease operator in the world with a diversified portfolio of 15 FPSOs with solid contract coverage and four major FPSO projects currently being executed.

“We are creating an FPSO industry leader with a global footprint that is well positioned to capture the attractive growth opportunities we now see in the market, and we are very enthusiastic about what our two companies can become together,“ says Ronny Johan Langeland to Aftenposten.

BW Offshore's head office is located in Oslo, while Prosafe is operating from Singapore and Stavanger, Norway, with head office in Cyprus.

Associated companies:


Related news

Latest news

Industry's preferred pipeline standard gets update by DNV GL

A number of requirements related to linepipe fabrication,

Servogear Hybrid CPP for the World’s First Hybrid Catamarans in Commercial Traffic

Norled AS is one of Norway’s largest ferry and express boat operators. 

CMR is helping companies in Hordaland with research-based innovation

CMR has won a contract with Hordaland county council as competence broker. The contract is part of the Research-based Regional Innovation (FORREGION) scheme.

ISO to release final draft of ISO 45001 – Occupational Health & Safety

The ISO 45001 Final Draft International Standard (FDIS) is scheduled to be released for review on November 30. In case of a positive vote the standard is expected to be published in February 2018.

DNV GL helps reduce cost of compliance with innovative approach to independent verification of oil and gas assets

Verification surveys applying remote witnessing involve equipping a technician onsite with hardware (a camera or smartphone) and dedicated software which enable remote...

Renewables exports are increasing, but more rapid growth is required

Reorientation among oil and gas suppliers boosted international sales of renewable energy equipment and services by Norwegian companies, writes Ivar Slengesol, Director of Industry and Clean Technologies at Export Credit N...

The world’s most modern wellboat

The wellboat Ronia Diamond was characterised as the “most modern wellboat the world has seen” during her christening in Bergen on 23 September.

Joint industry collaboration to boost offshore and marine sector with Additive Manufacturing (3D printing), Drone and Digital Twin technologies

DNV GL, A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech) and National Additive Manufacturing Innovation Cluster (NAMIC) ...

DNV GL line optimization brings ten per cent fuel savings for Hapag-Lloyd Cruises’ new expedition cruise vessels

“The design concept for the two new ships was ‘inspired by nature’,” says Dr. Henning Brauer,