Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading ...

Norwegian oil and gas company Vår Energi has confirmed an oil discovery in the Zagato exploration well close to the Goliat ...

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The Cidade de Itajai FPSO has been operating in the shallow-water field since Bauna came on stream in 2013. Karoon said it is ...

Floating solutions provider Modec has contracted Samsung E&A for an offshore carbon capture pilot project. As per the pilot ...

Karoon said acquisition of the vessel could significantly improve Baúna profitability through better FPSO efficiency and reduce unit operating costs by $4-6/bbl from 2026.

MODEC has entered into a front-end engineering and design (FEED) contract with SAMSUNG E&A for an offshore carbon capture ...

Bumi Armada Bhd's net profit almost doubled to RM633.99 million in the financial year ended Dec 31, 2024 (FY2024), against ...

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon ...

Tugs and a DP2 offshore support vessel replaced key parts on an single point mooring, catenary anchor-leg mooring buoy ...

What do you do when two anchor chains on your Brazilian FPSO rented to you by another company fail and impact oil production?

Analysts continue to have a favourable view of MISC Bhd, given its steady operating cash flow and solid balance sheet that ...