The contract was granted following a technical and commercial pre-selection process. It now enters a competitive dual FEED ...

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Saipem, through its subsidiary PT Saipem Indonesia, in its role as leader of the consortium which also includes PT Tripatra ...

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Saipem has been awarded a FEED contract for the FPSO module of the Abadi LNG project, located in the Masela Block, ...

Ambipar and SBM Offshore announced a solution for cleaning cargo oil tanks on (FPSOs), a solution that importantly is geared ...

Petrobras, a major Brazilian oil company, has a market cap just a hair over $75 billion. Check out what makes PBR stock a ...

Exxon Mobil Corporation XOM, the U.S.-based oil and gas major, announced the start of production at the Yellowtail development in the prolific Stabroek Block, offshore Guyana. The company mentioned ...

CNOOC Ltd and 80883 has announced that Yellowtail Project has commenced production safely ahead of schedule.

Guyana’s oil production capacity has grown to over 900,000 barrels per day (bpd) as Exxon Mobil Corp. and its partners in the ...

This new venture is expected to significantly boost the country's oil output and joins three other projects already in ...

Production from Yellowtail’s One Guyana FPSO joins Destiny, Unity, and Prosperity FPSO production to bring total installed ...