The agreements cover EPCIC of the FPSO and a fixed 15-year bareboat charter for extended Baleine field production.

Along with the Canada submarine program, Hanwha Ocean is keeping close watch on whether it will win an ultra-large offshore ...

BP (LSE:BP) and Eni’s Azule Energy joint venture has approved a final investment decision for a large FPSO project offshore ...

The IPT demonstrated that the FPSO’s production, processing and utility systems are operating together and maintaining stability during production.

MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, ...

Austin, May 07, 2026 (GLOBE NEWSWIRE)-- FPSO Market Size & Growth Insights: According to the SNS Insider, "The FPSO Market Size was valued at USD 8.47 billion in 2025 and is expected to reach USD ...

Japanese floater specialist Modec is preparing to say goodbye to its Cidade de Niteroi floating production, storage and ...

Floating production giant SBM Offshore has expressed its confidence in the deepwater oil and gas market with the award of a ...

Petrobras has achieved the highest daily production rate ever recorded by one of its platforms, with the FPSO Almirante Tamandaré reaching 225,000 barrels per day (bpd) on August 14 — three months ...

SBM Offshore is pleased to announce that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design ...

Singapore's Keppel Offshore & Marine has, via its subsidiary Keppel Shipyard, secured contracts worth around S$250 million (~USD180,4 million) for the integration of two Floating Production Storage ...

Shell resumes production at Penguins field with new FPSO, its first North Sea facility in more than 20 years. Penguins field targets peak output of 45,000 boe/d, with 100M boe in estimated recoverable ...