The Chalchi FSO vessel is currently under construction and, once completed, will operate under a 20-year lease agreement with ...

Reduces Annual Operating Costs by Approximately $60 Million, Reaffirms 2025 Capital Expenditure Guidance HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (MUR) today announced that a subsidiary has ...

Petróleo Brasileiro S.A. - Petrobras PBR has taken another important step in advancing the Sergipe-Alagoas deepwater development by awarding contracts for two new floating production, storage and ...

(RTTNews) - Murphy Oil Corp. (MUR) announced that it agreed to acquire the BW Pioneer floating production storage and offloading vessel or FPSO from BW Offshore. The gross purchase price is $125 ...

Floater specialist Japan’s Modec and compatriot engineering, procurement company JGC Corporation have completed a greenhouse gas (GHG) emissions quantification project on floating production, storage ...

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. Image by Igors Aleksejevs via iStock ...

Yinson Production has announced that the 15-year firm charter for the Agogo floating production storage and offloading (FPSO) ...

APA's GranMorgu project in Suriname targets first oil by mid-2028, with 750M+ recoverable barrels and 220,000 bpd capacity; carry reduces near-term spend.

THE National Assembly was on Friday notified that the sum of US$761.7 million, representing profit oil for the first quarter of the year and royalty ...

Oil producers across the Americas have responded to the disruption in the Gulf by increasing output and exports.

FPSOs (Floating Production, Storage and Offloading units) streamline offshore production by integrating processing, storage, and export on a single floating asset—minimizing subsea export ...

HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and ...