Key opportunities in the FPSO market include advancing deepwater exploration due to the depletion of shallow reserves and ...

American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters ...

Agogo FPSO at Walvis Bay, Namibia (Credit: Yinson Production) Agogo FPSO at Walvis Bay, Namibia (Credit: Yinson Production) Agogo FPSO at Walvis Bay, Namibia (Credit: Yinson Production) Top view of ...

The region has 36 FPSO projects planned or awarded between 2021 and 2030, representing roughly $181 billion in greenfield commitments. Brazil and Guyana anchor activity, with technically complex ...

Santos Ltd. received first gas from the BW Opal floating production, storage, and offloading vessel (FPSO) about 285 km offshore from Darwin in the Northern Territory of Australia. This follows BW ...

Petrobras S.A. PBR, the Brazilian state-owned energy giant, has announced that the Alexandre de Gusmão floating, production, storage and offloading (FPSO) vessel, slated to work on the Mero field, has ...

The Balder X project is on track for the start of production by the end of the second quarter, the company said. Vår Energi’s Jotun floating production, storage and offloading vessel (FPSO) has ...

Karoon Energy Ltd is acquiring the Cidade de Itajaí floating production, storage and offloading facility (FPSO), the production facility for Karoon’s 100 percent owned Baúna Project in the southern ...

Petrobras has achieved the highest daily production rate ever recorded by one of its platforms, with the FPSO Almirante Tamandaré reaching 225,000 barrels per day (bpd) on August 14 — three months ...

Market Abuse RegulationThis press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. DisclaimerSome of the statements contained in this ...

Constructed by SBM Offshore, ONE GUYANA will operate in the Yellowtail development with an initial production capacity of 250,000 b/d and overall storage volume of about 2 million bbl. ONE GUYANA is ...

Gary Neal Christenson stepped down as CEO with immediate effect at his one request. Malaysian FPSO contractor Bumi Armada confirmed the boss’ term had been due to expire on 15 May 2026 and Christenson ...