At-a-Glance: Offshore FPSO Operations Process Engineer day rates typically span from $480–$1,470 per day, depending on experience, equating to roughly $87,500–$267,500 annualized on a 28/28 rotation ...

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 ...

A high-fidelity, continuously updating virtual replica of the FPSO (process, rotating equipment, marine systems) driven by live sensor streams, historian data, and ...

Malaysian national oil company Petronas has again cancelled an attempt to secure a floating production, storage and offloading vessel for the Limbayong project which was to be its first deep-water ...

Exxon Mobil Corporation’s XOM subsidiary, ExxonMobil Guyana, has acquired the floating production, storage, and offloading (FPSO) unit, Liza Destiny, from SBM Offshore. The purchase, valued at $535 ...

The giant newbuild floating production, storage and offloading vessel for the Johan Castberg field is conducting sea trials prior to sailing to its new home in the Barents Sea offshore northern Norway ...

Brazilian oil company Petrobras has ordered an FPSO from Singapore's Keppel Shipyard, in what will be the seventh FPSO unit installed in the Búzios field, in the Santos Basin. The FPSO, to be named ...

bp PLC has received the floating production storage and offloading (FPSO) vessel for Greater Tortue Ahmeyim (GTA) Phase 1 LNG development. The FPSO vessel has arrived at its destination on the ...

MODEC, Inc. and Toray Industries, Inc. announced that they have jointly developed a carbon fibre-reinforced plastic (CFRP) patch technique for repairs on Floating Production, Storage and Offloading ...

More FPSO contracts were awarded in the second quarter of 2021 than during the whole of 2020, with Rystad Energy expecting FPSO awards to reach a total of 10 units in 2021. Rystad has also noted muted ...