Shares in the Japanese floating production company Modec soared on the Tokyo Stock Exchange on Thursday following strong 2024 ...

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

Two additional development phases of 180,000 b/d each, Mero-3 and Mero-4, are currently under construction, with start-ups expected by 2025. Furthermore, the FPSO Sepetiba is part of a production ...

China said it had completed the world's first floating production, storage, and offloading vessel with a carbon capture ...

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

Baker Hughes Company (BKR), a leading energy technology company, has secured a multi-year contract from Exxon Mobil Corporation XOM to provide specialty chemicals and related services for the Uaru and ...

“Yinson needs this new US$230mil (RM1.05bil) borrowing because its cash balances are tight as it has three FPSO projects under construction concurrently,” CGS-CIMB Research said in a repor ...

Petrobras starts production at FPSO Almirante Tamandaré in Búzios field Rio de Janeiro, Brazil. Find the latest news from the maritime industry on the PortNews website.

KUALA LUMPUR: Yinson Holdings Bhd said it expects to transition into a phase of stable growth as its floating production storage and offloading (FPSO) vessels under construction commence their ...