Floating Production Storage and Offloading vessels, or FPSOs, are offshore production facilities that house both processing equipment and storage for produced hydrocarbons. The basic design of most ...
Following a challenging 2020, the FPSO market is off to a booming start in 2021, with more contracts awarded in the second quarter of 2021 alone than during the entire 2020. But FPSOs have ...
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Petrobras achieves key milestone with P-78 FPSO's first gas injection
Petrobras PBR has hit a major milestone, successfully completing the first gas injection on the P-78 floating production, storage and offloading (FPSO) unit — just 61 days after its inaugural oil ...
Potential opportunities are on the increase according to an industry contractor, who is keeping his eyes trained on specific projects off Angola and Ghana which may come out for bid in 2011. “We’re ...
© Igor Kardasov/AdobeStock Matthew Tremblay serves as ABS Vice President of Global Offshore Markets, based at ABS Corporate Headquarters in Houston. The world’s ...
Mitsubishi Heavy Industries (MHI) and Single Buoy Moorings, the subsidiary of SBM Offshore, have agreed to conduct a study for the application of CO2 capture modules on future floating production ...
Brazil has for decades been the king of the floating production, storage and offloading vessel market, and it should easily retain the crown for years to come as oil companies operating in the South ...
TOKYO, Apr 15, 2025 - (JCN Newswire) - - Mitsubishi Heavy Industries, Ltd. ("MHI") announced the signature of a study with Single Buoy Moorings Inc., the subsidiary of SBM Offshore ("SBM"), for the ...
OSLO (Reuters) - Norway's Aker Solutions and Kvaerner are teaming up with Samsung Heavy Industries to jointly build floating production, storage and offloading vessels (FPSOs) for the oil industry, ...
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