The world's first floating production storage and offloading (FPSO) vessel with a carbon capture and storage facility was delivered in Shanghai on ...

The FPSO unit will be anchored in water approximately 1,800m deep and will have a storage capacity of two million barrels of crude oil. The contract requires EnerMech to undertake ...

Agogo FPSO has departed Shanghai for Angola’s Block 15/06, where it is scheduled to achieve first oil in September ...

GEORGETOWN (Reuters) -The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's ...

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

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

Canadian Natural Resources has been granted a major 10-year extension of its Baobab production licence offshore Ivory Coast, ...

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

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

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

The startup of oil production from Equinor's Arctic Johan Castberg field has been delayed again due to bad weather, a ...

Once the floating production storage and offloading (FPSO) vessel is installed, the consortium plans to boost output capacity to 940,000 barrels per day (bpd) later this year. The group produced ...