As complexity and tonnage have risen for floating production, storage and offloading vessels, so too have costs - and that is ...

When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...

The national oil company says Brazil remains a key market with upstream operations and other projects, but that it regularly reviews its investments.

Top U.S. oil producers Exxon Mobil and Chevron are expected to report their lowest earnings in four years when they release ...

This was a critical moment for the company as the Triton floating production, storage and offloading (FPSO) vessel remained offline in the first half of Serica’s financial year, which put a ...

The FPSO is part of the Agogo Integrated West Hub (Agogo IWH) project which develops Agogo and Ndungu fields in the West Hub ...

Exxon Mobil beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production ...

The mutual termination of merger negotiations between MISC Bhd and Bumi Armada Bhd is not viewed negatively by analysts ...

FEED is being carried out under multiple contracts: one each with Technip and Saipem the project’s FPSO and two with PT Worley SEA Indonesia for its subsea elements.

Inpex Masela announced the official start of the front-end engineering and design (FEED) phase for the Abadi LNG project in ...

He said the plan was conceived in response to the industry’s dwindling offshore output and the need to harness untapped ...

Vår Energi stock has robust financials and is focused on lowering costs. Click to read more on how the oil and gas company is ...