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 ...

HOUSTON, March 12, 2025--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production ...

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 ...

Once the floating production storage and offloading (FPSO) vessel is installed, the consortium plans to boost output capacity to 940,000 barrels per day (bpd) later this year. The group produced ...

SHANGHAI - An innovative floating, production, storage, and offloading (FPSO) vessel equipped with a carbon capture and storage facility has been completed in Shanghai, according to Science and ...

However, Brent Charlie ceased production in 2021 and is currently in the process of being decommissioned. To address this change, a new Floating Production Storage and Offloading (FPSO) vessel has ...