South Korea's Hanwha Ocean and Dutch specialist SBM Offshore battle for $10bn FPSO as TotalEnergies prepares Venus final investment decision.

BP (LSE:BP) and Eni’s Azule Energy joint venture has approved a final investment decision for a large FPSO project offshore ...

The IPT demonstrated that the FPSO’s production, processing and utility systems are operating together and maintaining ...

Austin, May 07, 2026 (GLOBE NEWSWIRE)-- FPSO Market Size & Growth Insights: According to the SNS Insider, "The FPSO Market Size was valued at USD 8.47 billion in 2025 and is expected to reach USD ...

Shell resumes production at Penguins field with new FPSO, its first North Sea facility in more than 20 years. Penguins field targets peak output of 45,000 boe/d, with 100M boe in estimated recoverable ...

Shell launches a 36-month AI project to enhance safety on Floating Production, Storage and Offloading units. Modec contributes operational data and expertise to strengthen the project's real-world ...

SBM Offshore is pleased to announce that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design ...

The global floating production storage and offloading vessel market is poised for a huge uptick in the coming years, with up to 50 floaters likely to be awarded before the end of this decade, a report ...

Packed with “optimized technology”: The ENI FPSO at tow-out from its Korean yard. Credit: Courtesy Eni Norge New model: the N’Goma FPSO has local infrastructure and oil-company support. Credit: ...

The region has 36 FPSO projects planned or awarded between 2021 and 2030, representing roughly $181 billion in greenfield commitments. Brazil and Guyana anchor activity, with technically complex ...

BW Offshore has completed the Interim Performance Test for the BW Opal FPSO BW Offshore completed the Interim Performance ...

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