
ExxonMobil has put Japan’s MODEC in charge of a new floating production, storage, and offloading (FPSO) unit to be deployed on its seventh oil project in the Stabroek block off the coast of Guyana.

SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has bid welcome to its new FPSO vessel destined for ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.

Brava Energia has brought two additional wells online by connecting them to an existing floating production, storage, and offloading (FPSO) vessel working at an oil field off the coast of Brazil.

SBM Offshore is pooling resources with Japan’s Mitsubishi Heavy Industries (MHI) Group to undertake a study for the application of CO2 capture modules on future floating production, storage, and offloading (FPSO) units to be deployed on oil and gas fields operated by Brazil’s energy giant Petrobras.

BW Energy has taken a final investment decision (FID) for a project that aims to up the oil production ante at its field in the Espírito Santo Basin off the coast of Brazil.

EnerMech has landed a new assignment for a floating production, storage, and offloading (FPSO) vessel operating in the North Sea on the UK Continental Shelf (UKCS).

Yinson Production is roughly a month away from welcoming its floating production, storage, and offloading (FPSO) vessel to Angolan waters.

SBM Offshore has boosted its financial potency with a new revolving credit facility (RCF), which it secured with a group of 13 international banks.

SBM Offshore has made its first foray into sale and leaseback financing with a multimillion-dollar refinancing of a floating production, storage, and offloading (FPSO) vessel operating off the coast of Brazil.

Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

BW Energy has cheered the stamp of approval for the extension of a license production phase to 2042 for its asset in the Espírito Santo Basin off the coast of Brazil.

Petrobras has tucked a new carbon dioxide (CO2) reinjection milestone in the Santos Basin pre-salt layer under its belt, thanks to 22 floating production, storage, and offloading (FPSO) vessels capturing and reinjecting CO2 off the coast of Brazil.

UK-headquartered CRP Subsea, part of AIS, has been appointed to deliver distributed buoyancy modules (DBMs) for a natural gas development off the Eastern Mediterranean coast. The DBMs will be deployed on dynamic umbilical and mono-ethylene glycol (MEG) risers, which connect to a floating production,