Reduces Annual Operating Costs by Approximately $60 Million, Reaffirms 2025 Capital Expenditure Guidance HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (MUR) today announced that a subsidiary has ...

(RTTNews) - Murphy Oil Corp. (MUR) announced that it agreed to acquire the BW Pioneer floating production storage and offloading vessel or FPSO from BW Offshore. The gross purchase price is $125 ...

Seatrium Limited said it is set to deliver the first of a series of turnkey floating production storage and offloading vessels to Brazil's Petroleo Brasileiro S.A. Image by Igors Aleksejevs via iStock ...

In this QuickChat video, Bruce Beaubouef (Managing Editor of Offshore Magazine) chats with Deborah Carpenter (Global Oil and Gas Market Manager at Swagelok) about the evolving challenges and ...

Floater specialist Japan’s Modec and compatriot engineering, procurement company JGC Corporation have completed a greenhouse gas (GHG) emissions quantification project on floating production, storage ...

FPSOs are modern and efficient oil production platforms, responsible for processing, collecting, storing, and transferring oil to shuttle tankers, directly from subsea wells in deepwater fields. FPSOs ...

FPSOs (Floating Production, Storage and Offloading units) streamline offshore production by integrating processing, storage, and export on a single floating asset—minimizing subsea export ...

Gulf countries are loading crude onto ships at sea as their onshore storage facilities reach capacity. Normally these vessels ...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and ...