Petrobras PBR, Brazil’s state-run integrated oil and gas company, has taken a significant leap toward next-generation offshore energy production through a strategic partnership with ABB and Seatrium.

A top-tier floating production, storage and offloading company believes there is pent-up demand for FPSOs that is resulting in a growing number of new projects at various stages of maturity. BW ...

SINGAPORE, SINGAPORE, August 13, 2025 /EINPresswire.com/ -- Yinson Production is pleased to announce that the 15-year firm charter for the Agogo FPSO has officially ...

Full year guidance remains unchanged, and last quarter’s CapEx forecast was reduced by 10% without impacting production or sales for 2025. For Q3 2025, production is forecasted between 18,900 and ...

The Balder X project is on track for the start of production by the end of the second quarter, the company said. Vår Energi’s Jotun floating production, storage and offloading vessel (FPSO) has ...

MODEC has inked a purchase and sales agreement and secured a 20-year contract for the operation and maintenance of the floating production storage and offloading (FPSO) vessel for Shell's Gato do Mato ...

Yinson Production has received Main Scantling Approval (MSA) from classification society DNV for its Meridian purpose-built floating production, storage and offloading (FPSO) hull design. The newly ...

Prosafe ASA said that Petroleo Brasileiro S.A. (Petrobras) has awarded it the charter contract for the supply and operation of a gas FPSO to operate offshore Brazil. Prosafe ASA said that Petroleo ...

Due to the size of these projects, there are very few smaller operators in the business. Now, what can happen is an older FPSO can be returned to the company at the end of an agreement. But as shown ...

Managing Director, TotalEnergies, Matthieu Bouyer, has identified stronger collaboration among oil producers through a shared services framework to enhance operational efficiency and reduce production ...