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 ...

Dana Petroleum and Neo Energy had entered into a sales and purchase agreement in November 2023 for Neo’s acquisition of Dana’s stake in Western Isles FPSO Aberdeen-headquartered Dana Petroleum ...

A Venezuelan navy vessel entered Guyana’s waters this morning and approached a Floating Production, Storage and Offloading (FPSO) oil platform and advised it that it was operating in what it ...

Petrobras is also producing in Mero from the Pioneiro de Libra FPSO, but the unit is considered an early production system ...