A suezmax shuttle tanker has become the first vessel to lift a crude oil cargo from a new export project north of Norway. AIS ...

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

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

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 ...

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

The world's first floating production storage and offloading (FPSO) vessel with a carbon capture and storage facility was delivered in Shanghai on Monday, according to a Xinmin Evening News report.

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

Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, two sources with knowledge ...

Karoon Energy Ltd is acquiring the Cidade de Itajaí floating production, storage and offloading facility (FPSO), the production facility for Karoon’s 100 percent owned Baúna Project in the ...

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 ...

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