Globally, 67 planned and announced FPSOs (Floating, Production Storage and Offloading) are expected to start operations between 2019 and 2025. Among regions globally, South America continues to ...

Saipem wins a $1.9 billion contract for engineering work on the $10.5 billion GranMorgu oil project in Suriname.

Floating Production Storage and Offloading vessels, or FPSOs, are offshore production facilities that house both processing equipment and storage for produced hydrocarbons. The basic design of ...

Chinese yard Shanghai Waigaoqiao Shipbuilding (SWS) has delivered its latest floating production, storage and offloading ...

Located in Newfoundland & Labrador waters, Terra Nova came online in 2002 via subsea wells tied back to a floating production ...

“As you may recall, the ill-fated helicopter crashed about 1.4 km from its destination on the NNPC’s Floating Production ...

Exxon Mobil (NYSE:XOM) said Wednesday it reached 500M barrels of oil produced from Guyana's offshore Stabroek block since the ...

Technip Energies (PARIS:TE), in partnership with SBM Offshore, has been awarded a major(1) contract by TotalEnergies for the ...

Under these contracts, SBM Offshore will, in partnership with Technip Energies, construct and install a Floating Production, Storage and Offloading vessel (FPSO). The award follows completion of front ...

Oil and gas giant Petrobras has started production from a floating production, storage, and offloading (FPSO) vessel at its giant Mero oil field in the pre-salt area of the Santos Basin offshore ...

Modec ( (MDIKF) ) has released its Q3 earnings. Here is a breakdown of the information Modec presented to its investors. Modec, Inc. is a ...