Full year guidance remains unchanged, and last quarter’s CapEx forecast was reduced by 10% without impacting production or sales for 2025. For Q3 2025, production is forecasted between 18,900 and ...

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 ...

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BW Offshore sees a shift away from the lease and operate model due to the high cost and risk to the FPSO contractor A leading Norwegian floating production, storage and offloading company has ...

Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, is set to advance its offshore production capabilities with the upcoming deployment of the P-84 and P-85 Floating Production ...

South America continues to dominate the global FPSO landscape, awarding nearly half of all new floating production units over the past five years. With Petrobras and ExxonMobil responsible for more ...

Keppel Shipyard has delivered FPSO Capixaba, with a conversion contract value of over S$90 million. Keppel Shipyard, a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd, has ...

FPSO investments have increased by 50% in 2023, with significant growth expected to continue, driven largely by projects in South America. The FPSO sector is focusing on integrating new technologies ...

MODEC has signed a co-operation agreement with Africa Finance Corporation (AFC), Africa’s major infrastructure solutions provider, to collaborate on floating production, storage, and offloading (FPSO) ...

VAALCO Energy, Inc. has announced the completion of a key milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment Project. The FPSO Baobab ...

SINGAPORE, SINGAPORE, August 13, 2025 /EINPresswire.com/ -- Yinson Production is pleased to announce that the 15-year firm charter for the Agogo FPSO has officially ...