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

Shell has resumed production at the Penguins field in the UK North Sea using a state-of-the-art floating production, storage ...

The British multinational oil and gas company Shell plc has resumed oil production on a floating FPSO platform in the British sector of the North Sea. This is reported in a press release from Shell.

SHEL is all set to restart production at the Penguins field, reducing emissions and securing domestic energy for the U.K.

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 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.

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

Floating Production, Storage, and Offloading (FPSO) is a floating tank system used by the oil and gas industry particularly in offshore operations. Floating production vessels are built with ...

Next year will require six heavy-lift installations, four offshore Peninsular Malaysia and two offshore Sarawak; while 2027 ...