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 ...

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

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

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

Analysts are positive on the prospects of Bumi Armada Bhd, bolstered by its expected growth through new floating production ...

EnerMech has been selected to carry out pre-commissioning work on the ONE GUYANA FPSO for Guyana Deepwater Operations, SBM ...

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

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

The strong balance sheet holds the company in good stead for upcoming development activity and FPSO acquisition. Karoon has since paid a USD 30 million deposit for the FPSO, with the USD 85 ...

ExxonMobil contractor SBM Offshore signed EnerMech to carry out pre-commissioning work on the One Guyana FPSO, which is set to arrive in Guyanese waters this year.