Floating Production Storage and Offloading vessels, or FPSOs, are offshore production facilities that house both processing equipment and storage for produced hydrocarbons. The basic design of ...

A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in ...

Another important growth driver for OIS is the offshore production facilities, specifically FPSOs. Such facilities demonstrated strong growth in Brazil, Guyana, and more recently, Suriname.

Environmental groups are suing the Interior Department over plans for the Santa Ynez Unit. A new courtroom challenge aims to ...

Stock price increased by 8.41% in pre-market trading despite earnings miss. Two new offshore production facilities expected to begin operations in Q2 2025. Genesis Energy's performance in the ...

The sale includes the Greater Angostura project's offshore production facilities and interests in the shallow water Angostura and Ruby fields, but excludes assets in the deepwater Calypso field ...

and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more ...

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil ...

The company has entered into a partnership with Constellation Oil Services, a leading player ... aimed at boosting Brazil’s offshore oil production. By selecting the Amaralina Star, PBR is ...

The oil consortium led by Exxon Mobil is set to begin installing its fourth floating production storage and offloading ...