A 'substantial' oiland gas discovery has been made in a shallow water block in Nigeria by state-owned NNPC and its indigenous ...

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Santos’ floating production, storage and offloading vessel, a final piece in the Barossa gas project, has been officially ...

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon ...

State broadcaster CCTV reported that the 330-metre (1,080ft) floating production storage and offloading unit (FPSO) would be delivered at the end of this month. The unit, developed by state-owned ...

Guyana has accused a Venezuelan coastguard patrol of entering its waters and approaching a floating production, storage and ...

A Venezuelan navy vessel entered Guyana’s waters this morning and approached a Floating Production, Storage and Offloading (FPSO) oil platform and advised it that it was operating in what it ...

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

NOVA tags in Nova X, a contracted party of PTTEP Energy Development Company Limited, to initiate a Provision of G1FSO and ...

The deepwater hydrocarbon exploration market is driven by the increasing demand for energy and the depletion of conventional hydrocarbon resources.

SHANGHAI: Yinson Production, an independent owner and operator of floating production, storage and offloading (FPSO) vessels, expects to generate nearly US$900mil in annual cash earnings before ...