Brazilian state-controlled oil company Petrobras has launched a new tender to contract a mid-sized floating production, ...

MODEC has inked a purchase and sales agreement and secured a 20-year contract for the operation and maintenance of the ...

The $8.2 billion FPSO will support field production over the next 30 years, with recoverable volumes estimated at between 450 ...

Brazil holds the majority share of global FPSO projects, with 21 planned and announced additions by 2025. This is followed by Angola with five FPSOs, and the UK and Nigeria with four each ...

Yinson Production has confirmed that the floating production storage and offloading (FPSO) project Atlanta reached its first oil milestone on 31 December 2024, following a successful 72-hour test.

The duration of the transition period ... The Cidade de Itajaí FPSO has been operating on the Baúna Project production since the field came onstream in 2013. It has a nameplate fluid handling ...

The Balder X project is on track for the start of production by the end of the second quarter, the company said. Vår Energi’s Jotun floating production, storage and offloading vessel (FPSO ...

Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading (FPSO) vessel will involve extensive structural enhancements, including 1,000 ...

In a separate note, CIMB Research highlighted that Yinson is targeting one or two mid-sized FPSO projects within the next 12 months, with projected capital expenditure of US$1bil to US$2bil ...

“Global FPSO demand remains robust and Yinson is comfortable to secure another project as its current ones are approaching the tail-end of the conversion stage. We also see potential ...

The Gato do Mato project is estimated to have a recoverable resource volume of approximately 370 million barrels. The FPSO will produce 120,000 barrels of oil per day (bopd) and will be moored at ...

The duration of the transition period is ... Most importantly, it provides certainty on the availability of the FPSO for the Baúna Project through to the end of field life,” Fowles continued.