The global Floating Production Storage and Offloading (FPSO) market, valued at $23.04 billion in 2023, is projected to reach $33.32 billion by 2029, growing at a CAGR of 6.34%. Growth is driven by ...

Singapore’s Seatrium Limited reports that the Petrobras 78 ( P-78) FPSO achieved first oil production, on Brazil’s Búzios ...

Verdande is the second project to be tied back to the Norne floating production, storage and offloading vessel this year, and will help extend the FPSO's production beyond 2030. Image by Igors ...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and ...

ExxonMobil has granted MODEC a limited notice to proceed on a new floating production, storage, and offloading (FPSO) vessel for its seventh offshore Guyana development, Hammerhead. This includes ...

This is its 18th FPSO for BW Offshore. Seatrium Limited has delivered another floating production storage, and offloading (FPSO) vessel named BW Opal to BW Offshore. “The successful delivery also ...

SBM Offshore will manage operations and maintenance until 2035.

In this QuickChat video, Bruce Beaubouef (Managing Editor of Offshore Magazine) chats with Deborah Carpenter (Global Oil and Gas Market Manager at Swagelok) about the evolving challenges and ...

(RTTNews) - Murphy Oil Corp. (MUR) announced that it agreed to acquire the BW Pioneer floating production storage and offloading vessel or FPSO from BW Offshore. The gross purchase price is $125 ...

The famous floating production, storage and offloading vessel selected for an oilfield development in Timor-Leste has arrived at a shipyard in Tenerife. The Petrojarl I FPSO is famous for the number ...

Reduces Annual Operating Costs by Approximately $60 Million, Reaffirms 2025 Capital Expenditure Guidance HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (MUR) today announced that a subsidiary has ...