Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading ...

China said it had completed the world's first floating production, storage, and offloading vessel with a carbon capture ...

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline.

Located in deepwater Block 15/06, Agogo has been exploited in a phased manner, with the FPSO lying at the heart of a ...

An innovative floating, production, storage, and offloading (FPSO) vessel equipped with a carbon capture and storage facility ...

Contractor's share price hits level not seen since 2008, as it targets 16 'sweet spot' projects in next three years ...

Once the floating production storage and offloading (FPSO) vessel is installed, the consortium plans to boost output capacity to 940,000 barrels per day (bpd) later this year. The group produced ...

SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to ...

The Japanese-built FPSO was last sold in an internal deal in 2014 for $57m, when Teekay Corp moved it to spin-off Teekay ...

Brazil's state-run oil firm Petrobras is considering canceling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, two sources with knowledge ...