Murphy Oil Corporation today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore.

Petrobras is also producing in Mero from the Pioneiro de Libra FPSO, but the unit is considered an early production system ...

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Shell has begun oil production at the fourth phase of its Gumusut-Kakap-Geronggong-Jagus East deepwater project offshore ...

An International Monetary Fund (IMF) staff team, led by Ms. Alina Carare and Ms. Lusine Lusinyan, held discussions virtually and in Georgetown for the 2025 Article IV Consultation during February ...

Murphy Oil CEO Hambly said the FPSO’s location in the Wilcox trend allows for “operated and non-operated exploration prospects to tie back to a cost-advantaged facility.” ...

Murphy Oil acquires the BW Pioneer floating production storage and offloading vessel from BW Offshore for $125M.

Petrobras S.A. PBR, the Brazilian state-owned energy giant, has announced that the Alexandre de Gusmão floating, production, storage and offloading (FPSO) vessel, slated to work on the Mero field, has ...

The Mooring Inspection Market is expanding with the adoption of AI-driven predictive analytics and autonomous inspection technologies, enhancing efficiency and regulatory compliance across offshore ...

Storage and Offloading (FPSO) vessel. Harland and Wolff will be responsible for marine conversion, including: moonpool fabrication and turret installation; fabrication and installation of an ...

FPSO is an acronym for a floating production storage and offloading unit. In other words, a floating vessel used by the offshore oil and gas industry for the production and processing of ...