Vår Energi has started the tow out of the Jotun floating production, storage and offloading vessel (FPSO) from the Worley ...

Production is expected to begin by the end of second-quarter 2025, with an expected 3-4 months ramp up period to peak ...

Vår Energi aims to boost production through infill drilling, exploration and tie-backs by deploying the Jotun FPSO.

Shell has resumed production at the Penguins field in the UK North Sea using a state-of-the-art floating production, storage and offloading (FPSO) facility. The project is a 50:50 joint venture ...

U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the ...

Analysts are positive on the prospects of Bumi Armada Bhd, bolstered by its expected growth through new floating production ...

Dana Petroleum and Neo Energy had entered into a sales and purchase agreement in November 2023 for Neo’s acquisition of ...

The Triton floating production, storage and offloading vessel in the UK North Sea has suffered another outage, this time caused by bad weather. Production through the FPSO was automatically shut ...

FPSO Characteristics Permanently moored ... FPSOs have been historically utilized in the North Sea, offshore Brazil, Asia Pacific, the Mediterranean Sea and offshore West Africa.

The FPSO is being deployed as part of the larger ... marks the start of a new era in the North Sea, extending the lifetime of the first production licence PL001 on the Norwegian Continental ...