International Maritime Associates, Inc.

3131 Connecticut Ave NW #2115
Washington D.C. 20008 USA

October 2023 Monthly Floating Production Systems Report

October 2023 Monthly Floating Production Systems Report

Brent crude continues to trade near $90, providing a solid flow of cash to oil producers. And current prices could soon look cheap. Tensions in the Middle East have potential to send oil prices through the ceiling, with talk of oil spiking to $100+ if conflict spreads regionally. Longer term, recent developments clearly demonstrate the resilient role of fossil fuel as the primary energy source over the foreseeable future.

Learn more

Floating Production News

SubseaPartner Inks North Sea Offshore Contract

December 7, 2023

Norwegian Diving Contractor, SubseaPartner, won a contract for the 2024 season, work…

Saipem Inks $1.9B in Contracts

November 29, 2023

Saipem won two offshore contracts, one in Guyana and the other in Brazil, worth approximately…

Energy News

Bangladesh Puts to use China-built Crude Oil Offloading Facility

December 8, 2023

Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the south Asian oil importer to signi

Floating Wind Leasing Round in the Celtic Sea

December 7, 2023

The Crown Estate, which manages the seabed around England, Wales and Northern Ireland, has set out further details of a new…

Vattenfall, BASF Partner on Nordlicht 1 and 2

December 5, 2023

Vattenfall and BASF are in advanced and exclusive discussions to partner on the Nordlicht 1 and 2 projects through a sale…