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 ...

Reduces Annual Operating Costs by Approximately $60 Million, Reaffirms 2025 Capital Expenditure Guidance HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (MUR) today announced that a subsidiary has ...

(RTTNews) - Murphy Oil Corp. (MUR) announced that it agreed to acquire the BW Pioneer floating production storage and offloading vessel or FPSO from BW Offshore. The gross purchase price is $125 ...

Errea Wittu FPSO was built for ExxonMobil to produce from field in prolific Stabroek block For ads that aren’t personalized, ...

In this QuickChat video, Bruce Beaubouef (Managing Editor of Offshore Magazine) chats with Deborah Carpenter (Global Oil and Gas Market Manager at Swagelok) about the evolving challenges and ...

Verdande is the second project to be tied back to the Norne floating production, storage and offloading vessel this year, and will help extend the FPSO's production beyond 2030. Image by Igors ...

A Southeast Asian joint venture has secured a prized contract extension for a floating production, storage and offloading vessel currently deployed offshore Vietnam. MISC on Monday said that its joint ...

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

The floating production storage and offloading (FPSO) vessel Sepetiba attained production of 180,000 barrels per day (bpd) of oil in the Mero field. Image by SparshFoto via iStock Petróleo Brasileiro ...

MISC Bhd's joint venture company, Vietnam Offshore Floating Terminal (Ruby) Ltd (VOFT), has secured a contract for the FPSO Ruby II from Vietnam National Industry-Energy Group (PetroVietnam), ...

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 ...

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 ...