•First oil expected in H1 2025 The first fully funded and converted Floating Production Storage and Offloading (FPSO) Vessel by indigenous oil &gas company Oriental Energy Resources (OERL), with a ...

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 ...

Floating Production Storage and Offloading vessels, or FPSOs, are offshore production facilities that house both processing equipment and storage for produced hydrocarbons. The basic design of ...

(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 ...

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 ...