If the ministry decides on the floating platform option, it would not only have to buy a ship or oil rig but will also need funds for retrofitting. If a ship is used, maintenance costs will also ...

U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a ...

The One Guyana Floating Production ... The FPSO is engineered for a minimum production capacity of 250,000 barrels of oil per day and a storage capability of around two million barrels.

A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in Guyana, the South American country's maritime regulator said in a notice on ...

Most offshore oil and gas projects in 2024 were linked to widespread pollution, with satellite data revealing frequent oil ...

The Anchor floating platform semi-submersible floating production unit, located 140 miles off the coast of Louisiana in water depths of ~5K ft, will pump as much as 75K gross bbl/day of oil and ...

State oil company Pemex repaired pipeline leaks at its Olmeca refinery in Dos Bocas, Tabasco, after an oil spill on Saturday.

A reconnaissance plane operated by Sea Watch first sighted the group on the oil platform on Saturday, with an empty rubber ...