Petrobras is hopeful the latest floating production, storage and offloading vessel that entered operation in the giant Buzios ...

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

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

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 the installation of carbon ...

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

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

Petróleo Brasileiro S.A. - Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO ...

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

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

The Japanese-built FPSO was last sold in an internal deal in 2014 for $57m, when Teekay Corp moved it to spin-off Teekay ...