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.

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.

This is the fifth improvement notice served on the FPSO since January last year with fire risks and maintenance backlogs repeatedly flagged to operator Dana Petroleum. The Triton area in the UK ...

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 ...

ExxonMobil let a contract to MODEC to develop an FPSO for its Hammerhead project, offshore Guyana. ExxonMobil Guyana Ltd. has let a contract to MODEC Inc. to develop a floating production ...

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 ...

ExxonMobil received the ONE GUYANA FPSO to operate in the Yellowtail development area offshore Guyana. With initial production capacity of 250,000 b/d and overall storage volume of 2 million bbl ...

PETALING JAYA: With limited upside in crude oil prices, RHB Research says it prefers floating production storage and offloading (FPSO) players and maintenance-related players with better earnings ...

ExxonMobil Guyana has confirmed the arrival of the One Guyana Floating Production, Storage and Offloading (FPSO) vessel in Guyanese waters, marking a major milestone for the country’s offshore ...

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 ...