MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon capture technology on a floating, production, storage and offloading (FPSO) vessel.The offshore carbon capture project鈥
Brazil's Brava Energia will connect four more wells to its Atlanta field in the first half of 2025, as it starts shipping oil to commodity trading firm Trafigura under a supply deal for six million barrels.That will bring the total number of鈥
The Agogo floating, production, storage and offloading (FPSO) unit is ready to set sail from Chinese shipyard to Azule Energy鈥檚 development offshore Angola.Yinson Production has officially named the Agogo FPSO at a grand naming and sail away鈥
Dutch oil and gas services firm SBM 云顶赌场老虎机's annual revenue jumped 35% to a record high in 2024, driven by the sale of its floating production, storage and offloading vessels (FPSO) in Suriname and Guyana, the company said on Thursday.SBM 云顶赌场老虎机's shares rose 9鈥
Engineering consultancy Wood has secured a $120 million contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the U.K.The two-year, cost-reimbursable contract extension鈥
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 waters, according to a company executive and LSEG vessel tracking data seen on Tuesday鈥
Floating production solutions specialist Amplus Energy Services has signed an agreement with Altera Infrastructure to acquire the Petrojarl I floating production storage and offloading (FPSO) unit, which recently completed its deployment at Petrobras鈥 Atlanta field offshore Brazil鈥
U.K.-based oil firm Serica Energy has suspended the production at Triton floating production storage and offloading (FPSO) unit in the North Sea, following the damage caused by the Storm Éowyn in January 2025.According to Serica Energy, during the storm on January 24鈥
SBM 云顶赌场老虎机 and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.The module design is based on an engineering and design study between SBM 云顶赌场老虎机 and Mitsubishi Heavy Industries (MHI)鈥
Shell has restarted production at the Penguins field in the U.K. North Sea with a new floating, production, storage and offloading (FPSO) unit.The previous export route for the field, operated by Shell with 50% interest, and partner NEO Energy with the remaining 50%鈥
Energy technology company Baker Hughes has secured a contract from ExxonMobil Guyana to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Guyana鈥檚 Stabroek Block.The multi-year contract includes all topsides鈥
Equinor has awarded pre-FEED study contracts to BW 云顶赌场老虎机 and Altera Infrastructure for the Bay du Nord floating production storage and offloading (FPSO) vessel, planned for deployment offshore Canada.The Bay du Nord project consists of several oil discoveries in the Flemish Pass basin鈥
Petrobras, on behalf of the Tupi field consortium, has extended charter and service agreements for the floating production storage and offloading (FPSO) unit Cidade de Angra dos Reis, announcing also the upgrades to the vessel.The amendments鈥
The full commissioning of Golar LNG鈥檚 floating liquefied natural gas (FLNG) unit Gimi has started with the injection of first gas from the BP-operated Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.Ahead of first gas injection to Gimi FLNG鈥
Santos has effectively stalled plans for a Western Australian oil and gas project worth over A$3 billion ($1.87 billion), sending minority partner Carnarvon Energy's, shares tumbling on Tuesday.Carnarvon's shares closed about 23% lower, ending鈥