MODEC has commissioned Everllence to supply five compressor trains for its new Floating Production Storage and Offloading ...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and ...

Reduces Annual Operating Costs by Approximately $60 Million, Reaffirms 2025 Capital Expenditure Guidance HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (MUR) today announced that a subsidiary has ...

Yinson Production—controlled by Malaysian tycoon Lim Han Weng’s Kuala Lumpur-listed Yinson Holdings—won a $600 million contract to supply a new floating storage and offloading (FSO) vessel to its ...

ExxonMobil has granted MODEC a limited notice to proceed on a new floating production, storage, and offloading (FPSO) vessel for its seventh offshore Guyana development, Hammerhead. This includes ...

This is its 18th FPSO for BW Offshore. Seatrium Limited has delivered another floating production storage, and offloading (FPSO) vessel named BW Opal to BW Offshore. “The successful delivery also ...

Equinor ASA and its partners have started up the Verdande field in the Norwegian Sea, the second project to be tied back to the Norne floating production, storage and offloading vessel (FPSO) this ...

Petróleo Brasileiro S.A. - Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO) unit, ...

(RTTNews) - Murphy Oil Corp. (MUR) announced that it agreed to acquire the BW Pioneer floating production storage and offloading vessel or FPSO from BW Offshore. The gross purchase price is $125 ...