Prio, a Brazilian oil company, is in discussions to purchase the remaining 60% stake in the offshore Peregrino oilfield from Norway's Equinor, reported Reuters, citing Brazilian newspaper Folha de S.

The work includes upgrades essential to maintaining gas delivery to the subsea production system tied back the Kikeh FPSO.

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO, ...

TotalEnergies looks set to delay taking a final investment decision on its huge Venus project offshore Namibia to 2026, ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

Greenleaf Trust lessened its holdings in Woodside Energy Group Ltd (NYSE:WDS – Free Report) by 46.7% in the fourth quarter, ...

Shell has started up a new modern floating, production, storage and offloading facility at the Penguins field in the UK North ...

Founded on a commitment to delivering energy more sustainably, TotalEnergies is a globally integrated energy company where the planet and its people are at the heart of every strategy, project, and ...

MODEC has been the leading provider of floating offshore solutions for the oil and gas industry. MODEC provides top-quality ...

Shell has resumed production at the Penguins field in the UK North Sea using a state-of-the-art floating production, storage ...

Shell restarted production at the Penguins oil field in the U.K. North Sea with a new floating, production, storage and ...

The new FPSO is expected to extend the life of the UK field by up to 20 years while reducing operational emissions by about ...