Canada’s Africa Oil Corporation is set to significantly expand its footprint in Nigeria by doubling its production to about 35,000 ...

RIO DE JANEIRO (Reuters) - Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, ...

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 ...

Production through the FPSO was automatically shut down when Storm Eowyn hit the area on 24 January, with sea spray triggering the fire and gas detection system, joint venture partner Serica ...

Serica Energy (AIM: SQZ) has suspended production from the Triton floating production storage and offloading (FPSO) vessel due to damage from Storm Eowyn. According to the company, the storm on 24 ...

Once the floating production storage and offloading (FPSO) vessel is installed, the consortium plans to boost output capacity to 940,000 barrels per day (bpd) later this year. The group produced ...

Floating production solutions specialist Amplus Energy Services has signed an agreement with Altera Infrastructure to acquire the Petrojarl I floating production storage and offloading (FPSO) unit, ...

SBM Offshore has announced the signature of a study with Petrobras for the application of carbon capture modules on floating production storage and offloading (FPSO) vessels. The module design is ...

The firm has renewed three deepwater leases for 20 years and is expanding its Agbami field operations, one of the country’s largest deepwater discoveries. The shift to deepwater makes strategic sense.

An innovative floating, production, storage, and offloading (FPSO) vessel equipped with a carbon capture and storage facility has been completed in Shanghai, according to Science and Technology Daily.