The global Floating Production Storage and Offloading (FPSO) market, valued at $23.04 billion in 2023, is projected to reach $33.32 billion by 2029, growing at a CAGR of 6.34%. Growth is driven by ...

ExxonMobil Guyana, a subsidiary of ExxonMobil, has finalised the acquisition of the floating production, storage and ...

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Liu Hongjun, chairman of Wison Group (left), and Zhang Hongnai, senior vice president of Jereh Group (right), sign a ...

Extension of the production sharing contract for the block offshore Vietnam allows access to additional gas discoveries and resources until July 2034, supporting future ...

Singapore’s Seatrium Limited reports that the Petrobras 78 ( P-78) FPSO achieved first oil production, on Brazil’s Búzios ...

About 500 kilometres off the coast of Newfoundland, the Bay du Nord offshore oil project is being slowed by a benefits ...

Guyana and Venezuela, sitting atop the same oil basin, illustrate how institutions and policy - not geology - determine ...

Argentina, Guyana, and Brazil will dominate Latin American oil growth in 2026 as investors favor low-risk, high-return ...

In a quieter deal market characterized by global regulatory and geopolitical uncertainty, oil & gas companies were generally well capitalized ...

TotalEnergies confirms Nigerian engineers can deliver complex, global-standard oil and gas projects, citing the success of ...

Latin American oil growth (Argentina, Guyana, Brazil) is overshadowed by Venezuelan output uncertainty, driving strategic investment into secure, resilient projects.