Shell plc SHEL, the British oil and gas supermajor, has awarded a multi-year operations and maintenance contract to the Japanese shipbuilding company, MODEC, to work on its Gato do Mato project in ...

The FPSO vessel allows for the processing, storage, and offloading of oil directly at the offshore field, streamlining the production process and enabling Shell to continue extracting oil from the ...

Shell PLC (SHEL) shares up on resuming production at Penguins field in UK North Sea with new FPSO facility designed for lower emissions and extended lifespan.

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility.

P-69 is Shell's 14th deep water FPSO in Brazil, which includes FPSOs in the pre-Salt Campos and Santos Basin. Shell operates the BC-10 and Bijupira & Salema FPSOs.

After Shell and its partner Fluor, which built the FPSO, informed the defendants of their intention to make a claim in February, the court granted time for the parties to negotiate out of court.

Oil and gas giant Petrobras has started production from a floating production, storage, and offloading (FPSO) vessel at its giant Mero oil field in the pre-salt area of the Santos Basin offshore ...

Shell's latest floating production, storage and offloading vessel has been successfully installed on an offshore oilfield in the UK North Sea. The designer of the Penguins FPSO, Sevan SSP, said ...

Shell plc SHEL, the British oil and gas supermajor, has awarded a multi-year operations and maintenance contract to the Japanese shipbuilding company, MODEC, to work on its Gato do Mato project in ...