Petrobras is having a third attempt to contract FPSOs for the coveted Sergipe-Alagoas Deepwater (SEAP) project in Brazil’s ...

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Markus Wenker, CFO of Yinson Production, talks about the financing landscape for heavy industries such floating production ...

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the start of production from the BEGONIA and CLOV Phase 3 offshore projects, leveraging ullage in the PAZFLOR and CLOV floating production, ...

Angola's attempts to stabilise waning crude oil production received a boost on Wednesday when two offshore projects started up, adding a total of 60,000 barrels per day to national output, the country ...

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, ...

Seatrium Limited said it is set to deliver the first of a series of turnkey floating production storage and offloading vessels to Brazil's Petroleo Brasileiro S.A.

SBM Offshore is pleased to announce that FPSO Prosperity has produced first oil as of November 14, 2023 and is formally on hire. ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation ...

Singapore-headquartered Yinson Production has sold US$1.17 billion of project bonds to refinance bank debt for a floating production, storage and offloading vessel (FPSO) operating offshore Brazil.

TotalEnergies has started production from the Begonia and CLOV Phase 3 projects offshore Angola. Total production from the projects is 60,000 b/d. TotalEnergies started production from Begonia on ...

The FPSO will be spread-moored in a water depth of about 5,350 feet (1,630 meters) and will be able to store around two million barrels of crude oil.

Karoon said acquisition of the vessel could significantly improve Baúna profitability through better FPSO efficiency and reduce unit operating costs by $4-6/bbl from 2026.