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 ...

What do you do when two anchor chains on your Brazilian FPSO rented to you by another company fail and impact oil production?

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.

China said it had completed the world's first floating production, storage, and offloading vessel with a carbon capture ...

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

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

Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, two sources with knowledge ...

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

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

SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving ...