ExxonMobil received the ONE GUYANA FPSO to operate in the Yellowtail development area offshore Guyana. With initial production capacity of 250,000 b/d and overall storage volume of 2 million bbl ...

FPSO acquisition increases confidence around development prospects satellite to Bauna and could defer field decommissioning costs. A robust internal rate of return (unspecified) is indicated on ...

The One Guyana Floating Production, Storage and Offloading (FPSO) vessel arrived in local waters yesterday. Built by SBM Offshore, the vessel will support ExxonMobil’s Yellowtail development ...

PETALING JAYA: MISC Bhd could potentially register further impairments for its floating, production, storage and offloading vessel (FPSO) Mero 3 in the near term. According to AmInvestment Bank ...

SBM Offshore has signed a $400 million non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for an 8-year duration, the deepwater company said April 9. Cidade de Paraty is ...

SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The ...

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Aliki Paliou-led Performance Shipping has entered into a forward sale and exclusivity agreement with an undisclosed third party for its older tanker, which may be converted into a floating production ...

Performance Shipping, a US-listed aframax owner led by Aliki Paliou, is set to make its second profitable ship sale in quick succession. Just two weeks after securing a $21.5m gain from the sale ...

The new vessel will also be able to handle part of the gas production from other vessels, said Petrobras. The tender for the FPSO is set to follow the build-operate-transfer commissioning model, ...

The project includes the Kikeh, Siakap North and Petai fields tied back to an existing FPSO via a Spar dry tree unit — a type of floating platform. Water depths at the field average some 1320 ...