Baker Hughes technology was selected because of its 'capacity to minimize emissions, eliminate routine flaring and reinject associated gas into the reservoir for storage'. Image by Alvaro Victor via ...

Amsterdam, May 29, 2026SBM Offshore announces that it has been awarded contracts by Petróleo Brasileiro S.A. (Petrobras) for two FPSO projects ...

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 ...

The Libra consortium, led by Petróleo Brasileiro S.A. (Petrobras), Shell plc, and TotalEnergies SE, has begun production at the floating production storage and offloading (FPSO) Sepetiba in the Mero ...

As oil and gas companies pursue a share of rising renewable energy capacity, they will still need to decarbonise their ongoing fossil fuel production in the coming years. The decarbonisation of fixed ...

FPSO investments have increased by 50% in 2023, with significant growth expected to continue, driven largely by projects in South America. The FPSO sector is focusing on integrating new technologies ...

Yinson Production has announced that the 15-year firm charter for the Agogo floating production storage and offloading (FPSO) vessel has officially commenced, following the issuance of the Provisional ...

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. The world's largest FPSO company has confirmed it has secured an operations and maintenance contract for ...

U.S. oil major ExxonMobil has reached a final investment decision on a $9 billion offshore oil development project in Guyana, following the approval by the government.To remind, Reuters last Friday ...

Petrobras contractor Seatrium Group awarded KBR engineering contracts to develop topsides infrastructure for two new floating production storage and offloading (FPSO) vessels being designed for ...

Yinson Holdings Bhd’s offshore business arm, Yinson Production, has announced that its Atlanta floating production, storage ...