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Petrobras is due to welcome bids on 8 April. The SEAP-2 FPSO will feature processing capacity of 120,000 bpd and 12 MMcmd, while the SEAP-1 FPSO will be slightly smaller at 120,000 bpd and 10 MMcmd.

The FPSO is the 222,000 barrel-per-day Prosperity (built 2023). The two South American countries have clashed diplomatically over who owns the 160,000 square kilometre oil-rich Essequibo region.

PETALING JAYA: The worst is likely over for Yinson Holdings Bhd, with more floating production storage and offloading (FPSO) vessels progressing to the operational phase. In October, Yinson’s ...

Invesco QQQ, one of the best-performing large-cap growth funds[1], is the flagship fund of Invesco's US$762 billion ETF business, the fourth largest ETF provider Some economists have argued that ...

Over 1.3 crore people visited the Maha Kumbh on Monday itself. The Maha Kumbh Mela commenced on January 13. The month-long celebration of Maha Kumbh, one the world’s largest religious gatherings, ...

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Neither attempt resulted in awarded contracts. This time, Petrobras plans to contract the SEAP-2 FPSO under a BOT model, while SEAP-1 could be acquired through a purchase and sales agreement ...