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

Following 24 months of construction, China on Thursday officially delivered the world's first offshore floating production ...

Suriname's state oil company, Staatsolie, is seeking $1.5 billion in funding to participate in the development of the Gran ...

Stella Maris CCS was granted €225m from the EU's Innovation fund and holds a 40% stake in the Havstjerne Reservoir ...

US contractor National Oilwell Varco (NOV) has landed new contracts linked to three newbuild floating production, storage and ...

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Petróleo Brasileiro S.A. - Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO) unit, ...

The floating production storage and offloading unit carries technology designed to mitigate its environmental impact.

Nigeria aims to increase its oil production by 1 million barrels per day by December 2026, driven by a crackdown on oil theft ...

By Dimitri Rhodes and Johan BODINIER (Reuters) -Dutch oil and gas services company SBM Offshore reported a 35% jump in annual revenue to a record high on Thursday, driven by the sale of its floating ...

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 ...

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