The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

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

Tugs and a DP2 offshore support vessel replaced key parts on an single point mooring, catenary anchor-leg mooring buoy ...

Japanese floater specialist Modec has awarded Samsung E&A a front-end engineering and design contract for an offshore carbon capture project on board a floating production, storage and offloading ...

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The floating production storage and offloading unit carries technology designed to mitigate its environmental impact.

Stella Maris CCS was granted €225m from the EU's Innovation fund and holds a 40% stake in the Havstjerne Reservoir ...

Karoon said acquisition of the vessel could significantly improve Baúna profitability through better FPSO efficiency and reduce unit operating costs by $4-6/bbl from 2026.

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

Nigeria aims to increase its oil production by 1 million barrels per day by December 2026, driven by a crackdown on oil theft ...

Following 24 months of construction, China on Thursday officially delivered the world's first offshore floating production ...

SHANGHAI: Yinson Production, an independent owner and operator of floating production, storage and offloading (FPSO) vessels, ...