Valaris is set to hit $61.50 in 24 months with improved fleet management, rising day rates, and strategic positioning ...

We shall discuss the FPSO acquisition a little later in the presentation ... which is primarily a reflection of $29.8 million full year OpEx for Who Dat, $4 million in increased logistics contract ...

Seatrium, marked by strong order wins, a decade-high order book and most importantly, a return to full-year profitability,” says CEO Chris Ong.

Likewise Navitas has identified suitable and available existing floating production storage and offloading (“FPSO”) vessels ... US$8 per barrel and opex across life of field has been ...

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 ...

Its departure marks a key milestone following the floater’s christening two weeks ago. The Agogo FPSO is scheduled to achieve first oil in September from Block 15/06 offshore Angola, which is ...

MOORESTOWN, N.J.--(BUSINESS WIRE)--OPEX® Corporation, a global leader in Next Generation Automation providing innovative solutions for warehouse, document and mail automation, is introducing ...

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 ...

CIMB Research said the group’s charter contract for FPSO Sterling II is set to expire on March 7, following the completion of a one-year extension period from March 8 worth US$43mil, or RM198mil.

OPEX® Corporation, a global leader in Next Generation Automation providing innovative solutions for warehouse, document and mail automation, is introducing significant enhancements to its Infinity® ...

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.