Singapore’s Seatrium Limited reports that the Petrobras 78 ( P-78) FPSO achieved first oil production, on Brazil’s Búzios field, on December 31, 2025. The milestone marked Seatrium’s successful ...

Schiedam, Netherlands-headquartered Jumbo Offshore has completed mooring pre-installation activities for the FPSO Errea Wittu ...

Errea Wittu FPSO was built for ExxonMobil to produce from field in prolific Stabroek block For ads that aren’t personalized, ...

MISC Group said its joint venture company, Vietnam Offshore Floating Terminal (Ruby) Ltd (VOFT), has secured a contract for ...

ExxonMobil Guyana, a subsidiary of ExxonMobil, has finalised the acquisition of the floating production, storage and ...

Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (“FPSO”) from BW ...

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 ...

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 ...

TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit.

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reaffirmed the Federal Government’s commitment to transparency, due process, and investor confidence in Nigeria’s ...