The FPSO is the production facility for Karoon’s 100%-owned Baúna project in the southern Santos Basin, Brazil.

Petrobras is hopeful the latest floating production, storage and offloading vessel that entered operation in the giant Buzios ...

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MODEC has entered into a front-end engineering and design (FEED) contract with SAMSUNG E&A for an offshore carbon capture ...

Karoon said acquisition of the vessel could significantly improve Baúna profitability through better FPSO efficiency and reduce unit operating costs by $4-6/bbl from 2026.

Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading ...

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon ...

Floating solutions provider Modec has contracted Samsung E&A for an offshore carbon capture pilot project. As per the pilot ...

Analysts continue to have a favourable view of MISC Bhd, given its steady operating cash flow and solid balance sheet that ...

The Japanese-built FPSO was last sold in an internal deal in 2014 for $57m, when Teekay Corp moved it to spin-off Teekay ...

Petróleo Brasileiro S.A. - Petrobras PBR has started oil production from its deepwater project offshore southeast Brazil with its largest floating production, storage, and offloading (FPSO ...

The fourth floating production storage and offloading facility to be operated by the Exxon-led consortium in Guyana has ...