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

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 ...

Generously supported by the Prentice Family Foundation, the Western New York Prosperity Fellowship supports University at Buffalo students who are committed to contributing to our region’s economic ...

The FPSO unit will be anchored in water approximately 1,800m deep and will have a storage capacity of two million barrels of crude oil. The contract requires EnerMech to undertake ...

FY 2024 Adjusted recurring EBITDA margin increased by 30 bps to 12.9% benefiting from mix and performance improvement within ...

SBM Offshore said its projects are progressing, with the FPSO Almirante Tamandaré achieving its first oil in February 2025. The FPSO Alexandre de Gusmão is en route to Brazil, with the first oil ...

By fostering collaboration among banks, policymakers, and industry leaders, the conference will reinforce banking’s role as a driver of economic progress and national prosperity.

There are many more casualties as well. War is hardly ever a shortcut to prosperity. Over the last millennium Poland experienced its share of invasions and uprisings against occupying forces.

There are many more casualties as well. War is hardly ever a short cut to prosperity. Over the last millennium, Poland experienced its share of invasions and uprisings against occupying forces. What ...

RIO DE JANEIRO (Reuters) - Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, ...

which derisks field developments and set industry-leading performance standards as demonstrated by FPSO Prosperity in early 2024. High levels of uptime and an excellent track record in asset ...

the completion of FPSO Prosperity during the last quarter of 2023 as well as a delay in the start-up of FPSO Sepetiba early 2024, and (iii) a comparatively lower level of progress on both FPSOs ...