Rising Offshore Exploration and Production Activities, Increasing Offshore Wind Energy Projects, and Rising Upgradation of ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

Enclosed lifeboat gets second lease at life as a floating home with the most welcoming, custom interiors – and becomes a social media sensation in the process ...

After 678 days of labour, Johnny Sturgeon has introduced his new abode, Orla, a project he says has 'changed his mindset' and ...

Leidos outlines an intriguing plan to acquire oil rigs and convert them to everything from maintenance to medical hubs. Find ...

Brazilian oil giant Petrobras has agreed to extend the charter and services deal with Japanese player Modec for the Cidade de Angra dos Reis floating production, storage and offloading vessel.

Oil stocks are often volatile, influenced by geopolitics and supply-demand imbalances. Investments in oil stocks should focus on companies with strong financial health and low operation costs ...

Brazil’s energy giant Petrobras said on Tuesday it will deploy the world’s first floating oil terminal ... Currently, crude oil must be ferried from offshore rigs to the coast where tankers ...

Meanwhile, the U.S. oil rig count, an indicator of future output, fell by two to 478 this week, energy services firm Baker Hughes said. A blast of Arctic air is set to cover much of the United ...

Nearly half (47%) of the new mortgage debt issued by banks in November was put on floating mortgage rates – by far the highest portion since at least 2021, when the Reserve Bank of New Zealand ...

The workers were killed in an explosion aboard the Cidade de São Mateus, a floating oil production, storage and offloading ship (FPSO), said Davidson Lombo, finance director of Sindepetro-ES ...