News

Floating Production Storage and Offloading (FPSO) units have become indispensable assets in the offshore oil and gas industry. These vessels serve as mobile offshore platforms that process and ...
TotalEnergies' shutdown of the FPSO is part of a broader decommissioning strategy for its Gryphon field ...
Former Guyanese finance minister Winston Jordan is advising the government to consider hedging its oil production against ...
Shell is said to be considering how it could take over rival oil major BP in a mega-merger that would result in the creation ...
Norwegian operator BW Energy has announced a final investment decision for a new US$1.5 billion standalone oilfield ...
TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel ...
BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an ...
The One Guyana Floating Production, Storage and Offloading (FPSO) vessel arrived in local waters yesterday. Built by SBM Offshore, the vessel will support ExxonMobil’s Yellowtail development ...
China Merchant Heavy Industries (CMHI) has contracted TMC Compressors (TMC) to deliver a complete marine compressed air ...
Petrobras’ oil and gas production in the first quarter of 2025 rose by 5.4 percent, with average daily output of oil, natural ...