Canadian Natural Resources has been granted a major 10-year extension of its Baobab production licence offshore Ivory Coast, ...

Agogo FPSO has departed Shanghai for Angola’s Block 15/06, where it is scheduled to achieve first oil in September ...

Guyana has accused a Venezuelan coastguard patrol of entering its waters and approaching a floating production, storage and ...

EnerMech has been selected to carry out pre-commissioning work on the ONE GUYANA FPSO for Guyana Deepwater Operations.

The FPSO is the production facility for Karoon’s 100%-owned Baúna project in the southern Santos Basin, Brazil.

ExxonMobil contractor SBM Offshore signed EnerMech to carry out pre-commissioning work on the One Guyana FPSO, which is set to arrive in Guyanese waters this year.

The Mero field on the Libra block is located some 180 kilometers off the coast of Rio; FPSO Sepetiba has been chartered by Petrobras on a 22.5-year lease Oil and gas giant Petrobras has started ...

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon ...

SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving ...

Karoon said acquisition of the vessel could significantly improve Baúna profitability through better FPSO efficiency and reduce unit operating costs by $4-6/bbl from 2026.

The strong balance sheet holds the company in good stead for upcoming development activity and FPSO acquisition. Karoon has since paid a USD 30 million deposit for the FPSO, with the USD 85 ...