Modec said it has signed a purchase and sales agreement with Shell, and a 20-year contract for the operations and maintenance, of the FPSO for the Gato do Mato oilfield, offshore Brazil.

Dana Petroleum and Neo Energy had entered into a sales and purchase agreement in November 2023 for Neo’s acquisition of Dana’s stake in Western Isles FPSO Aberdeen-headquartered Dana Petroleum ...

The Mero field on the Libra block is located some 180 kilometers off the coast of Rio; FPSO Sepetiba has been chartered by Petrobras on a 22.5-year lease Oil and gas giant Petrobras has started ...

Oil and gas action is occurring across the world. A month ago, Bacalhau, a 370m floating storage, production, and offloading vessel (FPSO), arrived in Brazil to operate on one of that country’s ...

The Indian company was the only one to bid on chartering a production storage and offloading vessel, known as an FPSO, for Petrobras' Barracuda and Caratinga fields. The oil company rejected the ...

PETALING JAYA: The worst is likely over for Yinson Holdings Bhd, with more floating production storage and offloading (FPSO) vessels progressing to the operational phase. In October, Yinson’s ...

PETALING JAYA: MISC Bhd could potentially register further impairments for its floating, production, storage and offloading vessel (FPSO) Mero 3 in the near term. According to AmInvestment Bank ...

The new guide will require hull girder ultimate strength evaluation and finite element analysis as part of the tanker conversion to FPSO requirements to receive Class. Wang says her team of ...

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has entered Brazilian waters, and is heading to Petrobras’ Mero field in Santos Basin for commissioning works before being ...

Ralph Gonsalves, the Prime Minister of St. Vincent and the Grenadines, has made it clear that the recent Venezuelan naval incursion into Guyana’s maritime territory, particularly its interaction with ...

U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the Western Isles floating, production, storage and offloading (FPSO) vessel, which ...