Petrobras PBR, a Brazilian state-run oil company, announced the commencement of production from its Sepetiba floating production storage and offloading (FPSO) unit. This milestone, detailed in a ...

Floating Production Storage and Offloading vessels, or FPSOs, are offshore production facilities that house both processing equipment and storage for produced hydrocarbons. The basic design of ...

The production is anticipated to increase after the company completes upgrading two of its three floating oil production units and the ... the floating production storage and offloading (FPSO ...