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 ...

A trio of companies — Malaysian pair Bumi Armada and Ramunia Holdings plus Norwegian player Fred Olsen Production — broke away from the pack in late July. Commercial evaluations are still ongoing, and ...

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 ...

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 ...

Chinese yard Cosco Shipping Heavy Industry has completed the construction of a floating production, storage and offloading vessel destined for phase one operations at BP's Greater Tortue Ahmeyim (GTA) ...

BW Energy is pleased to announce the completion of a USD 365 million project finance facility, backed by China Export & Credit Insurance Corporation (“Sinosure”), to fund the refurbishment and ...

Petrobras PBR has hit a major milestone, successfully completing the first gas injection on the P-78 floating production, storage and offloading (FPSO) unit — just 61 days after its inaugural oil ...