Carbon Clean and MODEC signed a deal to accelerate the development of an offshore floating solution for the capture of carbon dioxide. Carbon Clean Solutions Ltd. and MODEC Inc. have signed a deal to ...

Petrobras PBR, the national oil and gas company of Brazil, successfully began the production of oil at the FPSO P-78 unit in the Búzios field, located in the pre-salt layer of the Santos Basin. This ...

American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters ...

Shipbuilder Hanwha Ocean has secured an Approval in Principle (AiP) from certification body Bureau Veritas for its standard Floating Production Storage and Offloading Unit (FPSO) design, which ...

Singaporean offshore and marine giant Seatrium has confirmed its newly-launched design of a floating production, storage and offloading vessel is tailored for the Brazil deepwater market. Seatrium's ...

Classification society ABS — American Bureau of Shipping — has issued an approval in principle (AIP) to Netherlands-headquartered SBM Offshore for its concept of a near zero floating production, ...

KBR has been awarded a contract by Daewoo Shipbuilding and Marine Engineering Company, Ltd. to provide topsides engineering, procurement and interface design services for a FPSO vessel on the Pazflor ...