Exxon Mobil Corporation XOM, the U.S.-based oil and gas major, announced the start of production at the Yellowtail development in the prolific Stabroek Block, offshore Guyana. The company mentioned ...

Steel ships and FPSO vessels are aging and face complex repairs in operation due to corrosion. The most common repair requires downtime in order to use welding torches to cut and weld new steel ...

The FPSO vessel allows for the processing, storage, and offloading of oil directly at the offshore field, streamlining the production process and enabling Shell to continue extracting oil from the ...

The fourth FPSO, One Guyana, was built by SBM Offshore (SBMO.AS) with a 250,000-bpd output capacity. Two more vessels are expected to arrive in Guyana in the coming two years.

The purpose-built FPSO was constructed in 2006 and has a production capacity of 100,000 barrels per day and a storage capacity of 900,000 barrels. It operated offshore Western Australia until 2018 ...

The One Guyana FPSO, now the fourth production vessel operating in the prolific Stabroek Block, will push Guyana's total offshore production capacity beyond 900,000 barrels per day (bpd).

Exxon Mobil Corp. has assumed ownership of floating production, storage and offloading (FPSO) vessel Liza Destiny, said ex-owner SBM Offshore NV, which will continue to operate Liza Destiny for ...

Petrobras is advancing offshore oil innovation through a strategic partnership with ABB and Seatrium to develop two all-electric FPSO (Floating Production Storage and Offloading) vessels, P-84 and ...

The Agogo FPSO is expected to operate in the second half of 2025 in the Agogo Integrated West Hub Development Project in Block 15/06 offshore Angola for Azule Energy under a 15-year firm charter ...

Murphy Oil purchases FPSO vessel for work in U.S. Gulf for $125M Mar. 12, 2025 4:59 PM ET Murphy Oil Corporation (MUR) Stock BWOSF, CAPEX, BWOFY By: Carl Surran, SA News Editor Play (1min) ...