Petrobras (PBR) up 2.8% in Wednesday's trading after reporting record-high quarterly oil and gas production in Q2, as new floating production units and stronger operational performance raised upstream ...

'Mad Money' host Jim Cramer shares his final thoughts on Chevron's floating oil production. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...

The FPSO will serve as a central processing unit for 16 wells in the Geng North and Gehem gas fields.

The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources. The established ...

Seatrium and BP have signed the Memorandum of Understanding (MOU) in preparation for a second project, the Tiber Floating Production Unit (FPU), in the U.S. Gulf of America. Under the MOU for the ...

The global market for floating production facilities will enjoy a surprising boom over the next five years, a leading offshore market researcher has forecast. Owners of oil and gas assets are expected ...

Singapore-headquartered Seatrium Ltd. has signed a non-binding memorandum of understanding (MOU) with Shell Global Solutions International BV to strengthen collaboration in floating production systems ...

As FPSOs become an increasingly important solution for offshore resource development, Wison has built the integrated EPCIC ...

LONDON, Oct 25 - Energean (ENOG.L), opens new tab has added a second oil production unit to a floating production vessel off Israel which is set to boost its crude output by up to two-thirds in the ...

The second phase, which will raise the capacity of the Republic of the Congo's first LNG production facility to three MMtpa, is set to start operations by year-end. Image by Natalia Pershaj via iStock ...