For as long as there has been an oil industry, there have been oil spills. They're caused by a number of factors, from ...

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

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 ...

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.

Now, semisubs are the most stable of any floating rig, many times chosen for harsh conditions because of their ability to withstand rough waters. A semisubmersible is a MODU designed with a ...

US Energy Dept grant officials claimed the university did not comply with “one or more” grant terms, which it rebutted. Media reports link the move to continued attacks by President Donald Trump on ...

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

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 ...