Classification society ABS — the former American Bureau of Shipping — has issued an approval in principle (AIP) to Netherlands-headquartered SBM Offshore for its concept of a near zero floating ...

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 ...

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

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

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 ...

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

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 ...

Shell is said to be considering how it could take over rival oil major BP in a mega-merger to create an energy, chartering ...

has emerged as one of the world’s biggest providers of what’s referred to as floating production, storage and offloading (FPSO) vessels for the global oil and gas industry. These FPSO vessels ...

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