Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the ...

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.” ...

Agogo FPSO has departed Shanghai for Angola’s Block 15/06, where it is scheduled to achieve first oil in September ...

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

China has completed what it says is the world’s first floating production, storage, and offloading (FPSO) vessel equipped with a carbon capture system, marking a significant step toward reducing ...

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon ...

U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the ...

China on Thursday officially delivered the world's first offshore floating production storage and offloading (FPSO) equipped with a marine carbon capture and storage (CCS) system in Shanghai's ...

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 ...