Operator is poised to build China’s second cylindrical FPSO for developing its latest oil find in the South China Sea ...

Shell plc, the multinational oil and gas company, announced on Tuesday that it has resumed oil production at the Penguins oil ...

Development of Norway's largest undeveloped oilfield is moving toward a final concept decision, but what is clear is that it ...

A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will ...

Shell PLC (SHEL) shares up on resuming production at Penguins field in UK North Sea with new FPSO facility designed for lower emissions and extended lifespan.

Brava Energia, a Brazilian oil and gas company, has finalised a deal with global commodity trader Trafigura for the sale of ...

Likewise Navitas has identified suitable and available existing floating production storage and offloading (“FPSO”) vessels and is actively working with leading industry vendors to secure all ...

The new FPSO is expected to extend the life of the UK field by up to 20 years while reducing operational emissions by about ...

Shell has restarted production at the Penguins field in the U.K. North Sea with a new floating, production, storage and ...

Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading (FPSO) facility.

Shell (SHEL) has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading, ...