Modec Inc.’s floating storage and offloading unit Ta’Kuntah has reached a milestone in the industry—offloading a total of 1 billion bbl of oil to 1,745 export tankers. Oct. 20, 2008 Modec Inc.’s ...

Floating Storage and Offloading vessel FSO Fargo has left Dubai and is heading to the Campos Basin offshore Brazil. Perenco Brazil has seen its Floating Storage and Offloading (FSO) vessel, FSO Fargo, ...

SINGAPORE, SINGAPORE, December 2, 2024 /EINPresswire.com/ -- Singapore, 2 December 2024 – PTSC Asia Pacific (“PTSC AP”), a joint venture between Yinson ...

Perenco Brazil completed hook-up of the floating storage and offloading (FSO) vessel, Pargo, on Pargo Cluster in the Campos basin, offshore Brazil, advancing the ongoing $400-million Pargo Cluster ...

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 ...

HOUSTON, Sept. 27, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") today announced the successful drilling of the North Tchibala 2H-ST well that was ...

Keppel Singmarine Pte Ltd has clinched a S$135 million contract to build a Floating Storage Offloading system (FSO) unit for LUKOIL –NIZHNEVOLZHSKNEFT (LUKOIL-NVN), a subsidiary of the Russian oil ...

The IMO is urging Member States to contribute equipment to help UN-led efforts to prevent a possible catastrophic oil spill from the FSO Safer, an ageing and rapidly decaying floating storage offshore ...

Venezuela's national oil company PDVSA is reportedly preparing to resume production from the Corocoro offshore oil field. Reuters said Thursday, citing people familiar with the matter, that PDVSA ...

A floating facility off the Venezuelan coast has finished offloading crude stored in it for the past two years due to U.S. sanctions, paving the way for output to resume in an oilfield, an official of ...