SBM Offshore secured Front End Engineering and Design contracts from ExxonMobil Guyana Limited for the Longtail FPSO project ...

Full year guidance remains unchanged, and last quarter’s CapEx forecast was reduced by 10% without impacting production or sales for 2025. For Q3 2025, production is forecasted between 18,900 and ...

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The region has 36 FPSO projects planned or awarded between 2021 and 2030, representing roughly $181 billion in greenfield commitments. Brazil and Guyana anchor activity, with technically complex ...

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BW Offshore sees a shift away from the lease and operate model due to the high cost and risk to the FPSO contractor A leading Norwegian floating production, storage and offloading company has ...

Petrobras PBR, Brazil’s state-run integrated oil and gas company, has taken a significant leap toward next-generation offshore energy production through a strategic partnership with ABB and Seatrium.

Petrobras PBR has hit a major milestone, successfully completing the first gas injection on the P-78 floating production, storage and offloading (FPSO) unit — just 61 days after its inaugural oil ...

Keppel Shipyard has delivered FPSO Capixaba, with a conversion contract value of over S$90 million. Keppel Shipyard, a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd, has ...

FPSO investments have increased by 50% in 2023, with significant growth expected to continue, driven largely by projects in South America. The FPSO sector is focusing on integrating new technologies ...

MODEC has signed a co-operation agreement with Africa Finance Corporation (AFC), Africa’s major infrastructure solutions provider, to collaborate on floating production, storage, and offloading (FPSO) ...

Karoon Energy Ltd is acquiring the Cidade de Itajaí floating production, storage and offloading facility (FPSO), the production facility for Karoon’s 100 percent owned Baúna Project in the southern ...