Equinor (OB:EQNR) has entered the front end engineering and design (FEED) phase for the Bay du Nord FPSO project offshore ...

The region has 36 FPSO projects planned or awarded between 2021 and 2030, representing roughly $181 billion in greenfield commitments. Brazil and Guyana anchor activity, with technically complex ...

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BW Offshore has entered into a front-end engineering and design (FEED) agreement with Equinor for the Bay du Nord project ...

BW Offshore sees a shift away from the lease and operate model due to the high cost and risk to the FPSO contractor A leading Norwegian floating production, storage and offloading company has ...

Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, is set to advance its offshore production capabilities with the upcoming deployment of the P-84 and P-85 Floating Production ...

South America continues to dominate the global FPSO landscape, awarding nearly half of all new floating production units over the past five years. With Petrobras and ExxonMobil responsible for more ...

Keppel Shipyard has delivered FPSO Capixaba, with a conversion contract value of over S$90 million. Keppel Shipyard, a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd, has ...

FPSO investments have increased by 50% in 2023, with significant growth expected to continue, driven largely by projects in South America. The FPSO sector is focusing on integrating new technologies ...

Karoon Energy Ltd is acquiring the Cidade de Itajaí floating production, storage and offloading facility (FPSO), the production facility for Karoon’s 100 percent owned Baúna Project in the southern ...

MODEC has signed a co-operation agreement with Africa Finance Corporation (AFC), Africa’s major infrastructure solutions provider, to collaborate on floating production, storage, and offloading (FPSO) ...