After processing, an FPSO stores oil or gas before offloading ... to rotate freely to best respond to weather conditions, or weathervane, while spread-mooring systems anchor the vessel from ...

The Mero field on the Libra block is located some 180 kilometers off the coast of Rio; FPSO Sepetiba has been chartered by Petrobras on a 22.5-year lease Oil and gas giant Petrobras has started ...

Murphy Oil’s subsidiary has entered a sale and purchase agreement to acquire the BW Pioneer floating production storage and ...

The contract, signed off earlier this week, was awarded by Modec and covers the forward section of its “Next Generation” FPSO hull destined for Shell's Gato do Mato oil project offshore Brazil.

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.

Crane specialist Liebherr has supplied two offshore cranes to Yinson Production, which will support the operations of Agogo floating production storage and offloading unit (FPSO) at Azule Energy ...

Built by SBM Offshore, the One Guyana FPSO has a production capacity of 250,000 barrels per day. It departed Singapore in mid-February and reached Guyanese waters this week. Once operational, the ...

These FPSO vessels, costing upward of $1 billion apiece, are used to extract hydrocarbons from deep-sea wells, clean out impurities, store the crude oil and eventually transfer the black gold to ...

PETALING JAYA: The worst is likely over for Yinson Holdings Bhd, with more floating production storage and offloading (FPSO) vessels progressing to the operational phase. In October, Yinson’s ...

Exxon Mobil Corporation XOM is moving closer to expanding its oil output in Guyana, as its fourth floating production storage and offloading (FPSO) vessel, One Guyana, begins the installation ...