Browsing Tag
FPSO
15 posts
PBR stock hits 52-week high after Petrobras reports R$ 200bn operating cash flow in 2025
Petrobras (PBR) reports R$ 110bn 2025 net profit, US$ 20bn capex, and record 2.99M boed production. Read the full analysis.
March 7, 2026
From Eni to ExxonMobil, why oil giants are betting big on floating production again
FPSOs are back in focus as Brazil, Guyana, Angola, and Côte d’Ivoire drive deepwater expansion. Find out why leasing beats capex-heavy platforms today.
September 11, 2025
Can Carlyle’s FPSO deal unlock value as Brazil and West Africa ramp up deepwater oil?
Carlyle will acquire Altera Infrastructure’s FPSO business, including key assets in Brazil and West Africa. Find out what this deal signals for offshore oil.
September 5, 2025
Whiptail on the horizon — Can ExxonMobil sustain its record pace of FPSO deployments in Guyana?
ExxonMobil advances Whiptail, Guyana’s fifth offshore oil project, targeting 250,000 bopd. Can the operator keep its record of fast, under-budget FPSO delivery?
August 20, 2025
Hunting PLC (LSE: HTG) acquires Flexible Engineered Solutions to expand subsea and offshore wind business
Hunting PLC acquires Flexible Engineered Solutions for £50M to expand its subsea and offshore renewables footprint. See how it fits into the 2030 strategy.
June 26, 2025
CNOOC expands offshore production with Luda 5-2 North and Buzios7 projects
CNOOC Limited has significantly expanded its offshore oil operations with the commencement of production at the Luda 5-2…
February 22, 2025
Equinor and Vår Energi anchor Johan Castberg FPSO, production to start by late 2024
Equinor Energy and Vår Energi have reached a critical milestone in the development of the Johan Castberg oil…
September 18, 2024
SBM Offshore signs agreements with MISC Berhad to sell interests in floating production units
SBM Offshore, a global leader in floating production solutions for the oil and gas industry, has signed Share…
September 9, 2024
SLB OneSubsea awarded major Petrobras contract for ultra-deepwater projects offshore Brazil
SLB has announced a landmark contract award from Petrobras to its OneSubsea joint venture, marking a significant achievement…
August 2, 2024
Energean finalises $1.2bn investment for Katlan gas development project in Israel
Energean plc (LSE: ENOG, TASE: אנאג) has announced a significant step in its expansion strategy with the Final…
July 24, 2024