Crude oil that is stored onboard is frequently ... Besides FPSOs, similar floating systems include Floating Storage and Offloading systems (FSOs), Floating Production Systems (FPSs) and Floating ...

Oil futures finished higher on Friday, with news of tighter U.S. sanctions on Iran and Russia having the potential to disrupt ...

Crude held in floating storage stationary for at least seven days rose 4.9% w/w to 84.15m bbl as of March 7, according to Vortexa data cited by Bloomberg. The increase follows a 6.9% rise seen the ...

The FPSO will remain at the Cascade and Chinook fields, which Murphy operates, in the US Gulf’s Walker Ridge region. BW ...

SINGAPORE: The Singapore trading arm of U.S.-based refiner Phillips 66 has recently leased a new floating storage vessel along the Singapore and Malacca Straits for storing fuel oil, market ...

Chinese COSCO has launched the first floating oil production and storage vessel equipped with a carbon capture system, with a daily capacity of 120,000 barrels of crude. The vessel will be able to ...

In the big crude oil leak, Citgo crews began emptying Tank 41 on Sept. 27, 2018, after they spotted its floating roof listing to one side. On the morning of Sept. 28, 2018, however, the floating ...

currently involved in Iran's crude trade to China are already subject to U.S. sanctions. As exports have risen and deliveries to China have dropped, the amount of Iranian oil in floating storage ...

Exxon Mobil Corporation XOM, the U.S.-based oil and gas giant ... to come onstream soon after the arrival of the floating production storage and offloading (FPSO) facility, constructed by SBM ...

Crude held in floating storage stationary for at least seven days rose 6.9% w/w to 73.93mbbl as of Feb. 28 according to Vortexa cited by Bloomberg.The increase reversed much of the decline seen the ...