The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

Located in deepwater Block 15/06, Agogo has been exploited in a phased manner, with the FPSO lying at the heart of a ...

Following 24 months of construction, China on Thursday officially delivered the world's first offshore floating production ...

The fourth floating production storage and offloading facility to be operated by the Exxon-led consortium in Guyana has ...

Suriname's state oil company, Staatsolie, is seeking $1.5 billion in funding to participate in the development of the Gran ...

Stella Maris CCS was granted €225m from the EU's Innovation fund and holds a 40% stake in the Havstjerne Reservoir ...

Dutch oil and gas services firm SBM Offshore beat 2025 guidance expectations on Thursday, citing three new awards boosting its contract backlog.

The Japanese-built FPSO was last sold in an internal deal in 2014 for $57m, when Teekay Corp moved it to spin-off Teekay ...

By Dimitri Rhodes and Johan BODINIER (Reuters) -Dutch oil and gas services company SBM Offshore reported a 35% jump in annual revenue to a record high on Thursday, driven by the sale of its floating ...

Contractor's share price hits level not seen since 2008, as it targets 16 'sweet spot' projects in next three years ...

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 ...