PETALING JAYA: The worst is likely over for Yinson Holdings Bhd, with more floating production storage and offloading (FPSO) vessels progressing to the operational phase. In October, Yinson’s ...

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As a Venezuelan military patrol was up to late Saturday leaving Guyana’s waters after entering the Stabroek Block where production and drill-ships were located, the 15-nation Caribbean Community ...

MISC Berhad (MISC) has taken delivery of its sixth Very Large Ethane Carrier (VLEC) – Seri Elbert, from Hyundai Heavy Industries (HHI) shipyard in Ulsan, South Korea. Seri Elbert and her sister ...

A tanker-loading buoy connected to a floating production storage and offloading vessel in Angola has been repaired using tugs and a DP2 support vessel Azule Energy, a joint venture between BP and Eni, ...

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The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.

has started construction of the floating storage and offloading unit destined for Murphy Oil’s Lac Da Vang field in Block 15-1/05 offshore Vietnam, marking a key milestone in the project’s ...

To diversify its offerings, management is actively promoting its nondrilling solutions such as fixed platforms, floating production storage offloading, or FPSO, and FSO conversions. In addition ...

Phillips 66 (PSX), the Houston-based oil giant, has expanded its fuel oil storage capabilities in the Singapore and Malacca Straits by leasing the Southern Emperor, a floating storage vessel with ...