BW Offshore sees a shift away from the lease and operate model due to the high cost and risk to the FPSO contractor A leading Norwegian floating production, storage and offloading company has ...

Hull design and fabrication for floating production, storage and offloading vessels has shifted considerably to standardisation to cut construction time. Advocates say generic hull design lets oil and ...

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 ...

Wison New Energies and H2Carrier have launched a new initiative aimed at reducing costs in the production of green ammonia. The collaboration aims at the complete delivery of a 500MW FPSO for ...

Tullow Oil ( (GB:TLW)) just unveiled an announcement. Tullow Oil’s Ghana subsidiary has agreed, on behalf of its joint venture partners, to buy the Prof. John Evans Atta Mills FPSO serving the TEN ...

Petrobras PBR, the national oil and gas company of Brazil, successfully began the production of oil at the FPSO P-78 unit in the Búzios field, located in the pre-salt layer of the Santos Basin. This ...