A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in Guyana, the South American country's maritime regulator said in a notice on ...

Besides this incident, FPSOs have spilled less than approximately 500 barrels of oil combined. Besides FPSOs, similar floating systems include Floating Storage and Offloading systems (FSOs ...

U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a ...

Market CAGR for FPSO is being driven by the increasing offshore oil & gas exploration and production and increasing investments. NEW YORK, NY, UNITED STATES, April 29, 2025 /EINPresswire.com/ -- As ...

According to the news agency, a large floating oil storage facility sailed offshore from the eastern Shandong province on January 14 and arrived at its destination on February 6. The platform will ...

Murphy Oil Corp (MUR) showcases significant safety achievements and operational milestones, while navigating production ...

The floating production storage and offloading (FPSO ... where more than 11 billion barrels of recoverable oil and gas have been found. Exxon did not immediately reply to a request for comment.

The oil consortium led by Exxon Mobil (NYSE:XOM) is set to begin installing its fourth floating production storage and offloading facility in Guyana, the country's maritime regulator said Tuesday.