KUALA LUMPUR: The Industrial Court has ruled that an oil and gas company was right to terminate the employment of a worker assigned to a Petronas offshore oil rig because of his refusal to take ...

Petrobras is seeking an FPSO to be moored in a water depth of 950 metres at Barracuda-Caratinga and featuring a processing capacity of 100,000 barrels per day of oil and 6 million cubic metres per ...

The operator of the long overdue and very costly Jotun floating production, storage and offloading vessel in Norway is very confident that the FPSO will sailaway in March and production will begin ...

Petróleo Brasileiro S.A. - Petrobras PBR, on behalf of the Tupi field consortium, recently announced an extension to the charter term of the FPSO Cidade de Angra dos Reis by another five years.

Nigerian oil producers are negotiating with Shell to secure up to 25% of service contracts for the Bonga North project. This initiative is part of a broader effort to boost local industry ...

Equinor mentioned that it plans to develop this oil discovery by deploying an FPSO that can be used suitably to tie-back nearby discoveries and new prospects. The Bay du Nord discovery is located ...

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO ...

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 ...

KUALA LUMPUR: Bumi Armada Bhd said a shut-in at its Armada Kraken floating production storage and offloading (FPSO) vessel and future reduced level of production is likely to reduce bareboat ...