Libra Consortium takes FID on FPSO unit for Santos Basin, Brazil
The Libra Consortium, which operates in Brazil, led by Petrobras and including Shell Brazil, has taken a final investment decision to contract the Mero-4; a...
Tag : FPSO
ExxonMobil makes oil discovery offshore Guyana
ExxonMobil, the American oil major, has made an oil discovery at Whiptail in the Stabroek Block; offshore Guyana. The company announced the discovery this Wednesday,...
‘Immense Relief’ – Suncor reaches agreement with Terra Nova co-owners
On Wednesday, Canadian integrated energy company Suncor advised that it reached an agreement with the co-owners of the Terra Nova Floating, Production, Storage, and Offloading...
Why FPSO units challenge the pandemic and will dominate South America?
The Floating Production, Storage and Offloading (FPSO) units are a growing trend in upstream, and they suppose a major technological leap for deep-water production. As...