The floating production, storage, and offloading (FPSO) vessel will increase the field’s installed production capacity to ...

Serica Energy remains a wait-and-see opportunity after a 38% dividend cut and continued operational challenges at the Triton FPSO platform. SQZZF's 7.8% dividend yield appears attractive but is not ...

"The equipment exchange from the transportation vessel onto the FPSO went flawlessly, and we were able to restart our fields in less than two days," said Robert L. Gerry, III, Chairman and CEO. VAALCO ...

Brazilian state-controlled oil company Petrobras has launched a tender to contract a mid-sized floating production, storage and offloading vessel to revitalise operations at two deep-water fields in ...

Chinese multinational oilfield equipment and services firm Jereh Group has delivered slop treatment units and oil purifiers ...

The newest development is designed to produce up to 180,000 barrels of oil per day and 254.27 million cubic feet of gas per ...

PBR starts oil production at the P-78 FPSO in the Buzios field, adding 180,000 bpd capacity and advancing Brazil's offshore energy push.

AUSTRIA'S OMV has finally made a decision on a development concept for the challenging Maari oilfield project off New Zealand and has issued tender documents for a leased floating production, storage ...