Ocean Installer, part of the Moreld Group, has moved to the final stage of its subsea scope for a giant new floating production, storage, and offloading (FPSO) vessel, which is slated to start its three-decade job next quarter at a large oil project in the Barents Sea off the coast of Norway.

Johan Castberg Equinor Barents Sea Norway Norwegian Energi Moreld Group Production After Ocean Installer Last North Sea Anasuria Hibiscus Petro Services MOPU Exploration Petoro