The global Floating Production Storage and Offloading (FPSO) market, valued at $23.04 billion in 2023, is projected to reach $33.32 billion by 2029, growing at a CAGR of 6.34%. Growth is driven by ...

Singapore’s Seatrium Limited reports that the Petrobras 78 ( P-78) FPSO achieved first oil production, on Brazil’s Búzios field, on December 31, 2025. The milestone marked Seatrium’s successful ...

Back in February 2022, an early production system at Ndungu was brought online and saw up to 20,000 bpd of oil flowing to the ...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and ...

At-a-Glance: Automation in FPSO offloading orchestrates vessel approach, mooring verification, cargo pump control, custody transfer, and emergency shutdown across two vessels to maximize transfer rate ...

Shell resumes production at Penguins field with new FPSO, its first North Sea facility in more than 20 years. Penguins field targets peak output of 45,000 boe/d, with 100M boe in estimated recoverable ...

MISC Group said its joint venture company, Vietnam Offshore Floating Terminal (Ruby) Ltd (VOFT), has secured a contract for ...

Role-specific compensation for offshore FPSO offloading operators working equal-time rotations (typ. 28/28 or 21/21), 12-hour shifts, excluding unrelated roles or onshore data. All figures are ...

Jumbo Offshore completed the mooring pre-installation for ExxonMobil's Errea Wittu FPSO at Uaru field, offshore Guyana.

BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore ...

SBM Offshore will manage operations and maintenance until 2035.

Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras ...