One of the world's most prominent floating production companies said it is conducting a limited strategic review of its potential options. BW Offshore said in a brief statement that in response to ...

The EMEM Floating Production Storage and Offloading Vessel (FPSO), the first fully funded and converted FPSO by a Nigerian indigenous company, was at the weekend flagged off to sail from Dubai, the ...

Singapore-headquartered Yinson Production recently issued a record-breaking $1.168 billion bond for a floating production, storage, and offloading (FPSO) unit in Brazil. This marks the largest and ...

Petrobras has achieved the highest daily production rate ever recorded by one of its platforms, with the FPSO Almirante Tamandaré reaching 225,000 barrels per day (bpd) on August 14 — three months ...

Dana Petroleum (E&P) Ltd. completed repairs on the Triton FPSO and production is expected to begin soon and ramp up as each North Sea field tied back to the vessel is brought back onstream, said ...

Seatrium delivered the Floating Production Storage and Offloading vessel (FPSO), BW Opal, to BW Offshore. "We would like to express our appreciation to BW Offshore for entrusting Seatrium with their ...

UK-headquartered Altera Infrastructure has continued its asset disposals with the sale of a veteran floating production storage and offloading vessel. The 80,000-barrel-per-day Cidade de Itajai (built ...

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project. MODEC said in a media release the ...

The contract is a limited notice to proceed (LNTP) by ExxonMobil Guyana, pending necessary government and regulatory approval, the service provider said in a release Apr. 21. Phase one encompasses ...

Murphy Oil (NYSE:MUR) said post-market Wednesday that it agreed to acquire the BW Pioneer floating production storage and offloading vessel from BW Offshore (OTCPK:BWOSF) (OTCPK:BWOFY) for $125M, ...