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 ...

A German LNG import terminal has been forced to shut down due to financial losses, citing competition from a state-owned ...

A gung-ho Exmar on Wednesday issued a statement saying it “had concluded” that the company is entitled to a bonus of up to ...

Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading (FPSO) facility.

Shell (SHEL) has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading, ...