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

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

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 ...

This marks a significant advancement in the application of digital twin technology for Floating Production Storage and ...

Oil and gas giant Petrobras has started production from a floating production, storage, and offloading (FPSO) vessel at its giant Mero oil field in the pre-salt area of the Santos Basin offshore ...

TotalEnergies' shutdown of the FPSO is part of a broader decommissioning strategy for its Gryphon field ...

Former Guyanese finance minister Winston Jordan is advising the government to consider hedging its oil production against ...

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 ...

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

BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an ...

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 ...