U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the ...

Brazilian state-controlled company Petrobras has received bids from four companies in a tender for the decommissioning of old ...

However, Brent Charlie ceased production in 2021 and is currently in the process of being decommissioned. To address this change, a new Floating Production Storage and Offloading (FPSO) vessel has ...

Petrobras is also producing in Mero from the Pioneiro de Libra FPSO, but the unit is considered an early production system ...

Analyst Luis Hilado says Seatrium’s recent $15 bil win of FPSO contract and FY2024 wins provides long term revenue visibility ...

The FPSO is the production facility for Karoon’s 100%-owned Baúna project in the southern Santos Basin, Brazil.

Shell has begun oil production at the fourth phase of its Gumusut-Kakap-Geronggong-Jagus East deepwater project offshore ...

The world's first floating production storage and offloading (FPSO) vessel with a carbon capture and storage facility was delivered in Shanghai on Monday, according to a Xinmin Evening News report.

Equinor (NYSE:EQNR) said Monday it again delayed the startup of oil production from its Johan Castberg field in the Norwegian ...

United States Senator Lisa Murkowski’s recent declaration that “…foreign policy is not for the faint of heart”, could easily ...

Analysts are mildly positive about the oil and gas (O&G) industry following the release of Petroliam Nasional Bhd's (PETRONAS ...

On Friday, 1 March 2025, CARICOM was informed by the President of Guyana, H.E. Mohamed Irfaan Ali, of the interaction of ...