The region has 36 FPSO projects planned or awarded between 2021 and 2030, representing roughly $181 billion in greenfield commitments. Brazil and Guyana anchor activity, with technically complex ...
Key opportunities in the FPSO market include advancing deepwater exploration due to the depletion of shallow reserves and ...
Southeast Asia’s FPSO market remains buoyant with several tenders for floating production, storage and offloading vessels under way or expected to hit the streets this year to exploit both gas and oil ...
Key opportunities in the shuttle tanker market arise from increasing deepwater oil exploration in regions like Brazil and the ...
The global floating production, storage and offloading market will see a sharp rise in orders next year but a return to the heydays of the previous decade should not be expected any time soon, ...
Vaalco Energy (EGY) enters a major growth phase as Gabon drilling and FPSO ramp lift output into 2027—why it’s a Strong Buy ...
Øivind Tangen, CEO of SBM Offshore, commented: “2025 was a year of strong delivery for SBM Offshore. Our teams have once again raised the bar in operational excellence by flawlessly starting three of ...
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO ONE GUYANA, ahead of the maximum lease term which would ...
OSLO, Nov 22 (Reuters) - Norwegian offshore oil services firm Seadrill said on Wednesday it had no plans to enter the floating, production, storage and offloading vessels (FPSO) business for the time ...