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 ...

Modec has awarded a key contract to Cosco for key components of the Gato do Mato FPSO, while talking to other Chinese yards ...

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 ...

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American Bureau of Shipping (ABS) and Akselos have completed the technical assessment for structural digital twin technology, ...

Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, ...

The project, with a capex-efficient approach, is expected to significantly boost BW Energy's net production by 2028.

The 80,000-barrel-per-day Cidade de Itajai (built 1985) has gone to the Brazilian subsidiary of Australia’s Karoon Energy for ...

TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel ...

ExxonMobil has granted MODEC a limited notice to proceed on a new floating production, storage, and offloading (FPSO) vessel ...

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO ...

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 ...