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 ...

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 ...

Retrofit specialist GLO Marine has secured hydraulic system upgrade job on Bluewater’s Haewene Brim floating production, storage and offloading (FPSO) unit, following the successful delivery of the ...

Carbon Clean and MODEC signed a deal to accelerate the development of an offshore floating solution for the capture of carbon dioxide. Carbon Clean Solutions Ltd. and MODEC Inc. have signed a deal to ...

Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for ...

Technip Energies (PARIS:TE), in partnership with SBM Offshore, has been awarded a major(1) contract by TotalEnergies for the GranMorgu Floating Production, Storage and Offloading vessel (FPSO) in ...

The Namibia Youth Energy Forum (NYEF), in partnership with SBM Offshore and TotalEnergies EP Namibia, is proud to announce the successful completion of our exclusive workshop on Floating Production ...

UK independent Harbour Energy has started the tender process for a replacement mooring system for a key production asset offshore Indonesia. Local subsidiary Premier Oil Natuna Sea is prequalifying ...

(MENAFN- GlobeNewsWire - Nasdaq) 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 ...