Norwegian operator BW Energy has announced a final investment decision for a new US$1.5 billion standalone oilfield ...

Converted drilling rig and floating storage and offloading vessel are the planned facilities for the Seme project ...

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 ...

Equinor ASA announced Friday a deal to divest its 60 percent operating stake in the producing Peregrino field offshore Brazil ...

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 ...

Equinor Brasil Energia Ltda., a subsidiary of Equinor (OSE: EQNR, NYSE: EQNR), has entered into agreements(1) with Brazilian ...

Private works encompass multiple offshore development projects, including the operations of the accompanying floating production storage and offloading vessels and the construction of numerous hotels.

Equinor (NYSE:EQNR) said Thursday it agreed to sell its 60% operated interest in Brazil's Peregrino oil field to PRIO SA (OTCPK:PTRRY), Brazil's largest independent oil and gas company, for $3.5B.

The 110,000 barrel-per-day field east of Rio de Janeiro is Equinor’s largest project outside Norway, and consists of a floating production storage and offloading platform. The company remains an ...

Johan Castberg is the second producing oil field in the Norwegian sector of the Barents Sea, following Vaar Energi’s Goliat, ...

Recently, SBM Offshore has also been tasked with constructing a floating storage and offloading (FSO) unit for the Trion deep-water oil project in the Gulf of Mexico. The company will build and ...