Rockhopper Exploration (AIM:RKH), has highlighted progress at the Sea Lion oil development in the North Falkland Basin, ...

Market was valued at USD 1.41 billion in 2025 and is projected to increase at a CAGR of 7.28% to reach USD 2.44 billion by 2035. Growing offshore oil and gas exploration, especially in deepwater and ...

FPSO investments have increased by 50% in 2023, with significant growth expected to continue, driven largely by projects in South America. The FPSO sector is focusing on integrating new technologies ...

The Falkland Islands-area development is progressing with onshore infrastructure and offshore drilling preparations, while ...

Petrobras has achieved first oil with the Floating Production Storage and Offloading (FPSO) unit Marechal Duque de Caxias, one of the largest ultra-deepwater FPSOs in the world, installed at the Mero ...

Petrobras PBR, the national oil and gas company of Brazil, successfully began the production of oil at the FPSO P-78 unit in the Búzios field, located in the pre-salt layer of the Santos Basin. This ...

Karoon intends to acquire the Baúna project Cidade de Itajaí FPSO. Karoon Energy, with its Brazilian subsidiary, Karoon Petróleo & Gás Ltda. (KPG), signed a deal with Altera & Ocyan (A&O) to acquire ...

South America continues to dominate the global Floating Production Storage and Offloading (FPSO) market, awarding nearly half of all global floater contracts in the last five years. Despite the rise ...

Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (“FPSO”) from BW ...

Seatrium Ltd. has secured a contract involving floating production storage and offloading (FPSO) topsides integration for its long-standing customer Offshore Frontier Solutions Pte. Ltd., a MODEC ...