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Floating Production, Storage, and Offloading (FPSO) is a floating tank system used by the oil and gas industry ... Processed oil or gas is stored in the FPSO until a sufficient amount has been ...

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

The latest report from Global Data, FPSO Industry Outlook, suggests that a total of 74 planned and announced floating production, storage, and offloading units (FPSOs) are expected to start ...

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

XOM is gearing up for its eighth project in Guyana, known as the Longtail project, which will be the first one to produce gas ...

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