Unlock your investing potential with TipRanks Premium - Now At 40% OFF! Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter SBM Offshore has successfully secured ...

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 ...

Full year guidance remains unchanged, and last quarter’s CapEx forecast was reduced by 10% without impacting production or sales for 2025. For Q3 2025, production is forecasted between 18,900 and ...

Vaalco Energy (EGY) enters a major growth phase as Gabon drilling and FPSO ramp lift output into 2027—why it’s a Strong Buy ...

BW Offshore sees a shift away from the lease and operate model due to the high cost and risk to the FPSO contractor A leading Norwegian floating production, storage and offloading company has ...

Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, is set to advance its offshore production capabilities with the upcoming deployment of the P-84 and P-85 Floating Production ...

South America continues to dominate the global FPSO landscape, awarding nearly half of all new floating production units over the past five years. With Petrobras and ExxonMobil responsible for more ...

Keppel Shipyard has delivered FPSO Capixaba, with a conversion contract value of over S$90 million. Keppel Shipyard, a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd, has ...

MODEC has signed a co-operation agreement with Africa Finance Corporation (AFC), Africa’s major infrastructure solutions provider, to collaborate on floating production, storage, and offloading (FPSO) ...

Karoon Energy Ltd is acquiring the Cidade de Itajaí floating production, storage and offloading facility (FPSO), the production facility for Karoon’s 100 percent owned Baúna Project in the southern ...

FPSO investments have increased by 50% in 2023, with significant growth expected to continue, driven largely by projects in South America. The FPSO sector is focusing on integrating new technologies ...