Analysts are positive on the prospects of Bumi Armada Bhd, bolstered by its expected growth through new floating production ...

today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. The gross purchase ...

Oil and gas giant Petrobras has started production from a floating production, storage, and offloading (FPSO) vessel at its giant Mero oil field in the pre-salt area of the Santos Basin offshore ...

(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 ...

State broadcaster CCTV reported that the 330-metre (1,080ft) floating production storage and offloading unit (FPSO) would be delivered at the end of this month. The unit, developed by state-owned ...