The operator has contracted TechnipFMC for work on the newly sanctioned project aimed at increasing oil production to 150,000 b/d and gas production to 200 MMcfd.

The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources. The established ...

'Mad Money' host Jim Cramer shares his final thoughts on Chevron's floating oil production. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...

Seatrium and BP have signed the Memorandum of Understanding (MOU) in preparation for a second project, the Tiber Floating Production Unit (FPU), in the U.S. Gulf of America. Under the MOU for the ...

Singapore-headquartered Seatrium Ltd. has signed a non-binding memorandum of understanding (MOU) with Shell Global Solutions International BV to strengthen collaboration in floating production systems ...

The global market for floating production facilities will enjoy a surprising boom over the next five years, a leading offshore market researcher has forecast. Owners of oil and gas assets are expected ...

LONDON, Oct 25 - Energean (ENOG.L), opens new tab has added a second oil production unit to a floating production vessel off Israel which is set to boost its crude output by up to two-thirds in the ...

The floating production unit will be designed with a gas export rate of 883 million standard cubic feet per day. Image by PeterHermesFurian via iStock Wison New Energies said it signed an engineering, ...

Offshore pipeline transportation segment margin-- Delivered a sequential 16% improvement in the third quarter, with further growth expected as Shenandoah and Salamanca production ramps up. Shenandoah ...

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. Chevron has submitted an updated development plan costing $4 billion for its contentious Aphrodite gas ...

Gray-based Danos has been selected as the primary operations contractor for an integrated energy company developing new floating production units in the Gulf of America, a contract that will initially ...