Covington-based LLOG Exploration Offshore, a privately owned deepwater energy company, has reached first production at its Salamanca Floating Production Unit in Keathley Canyon 689, approximately ...

Image source: The Motley Fool. Offshore pipeline transportation segment margin-- Delivered a sequential 16% improvement in the third quarter, with further growth expected as Shenandoah and Salamanca ...

Wison New Energies has entered into an engineering, procurement, construction, installation and commissioning (EPCIC) contract with Turkish Petroleum (TPAO) for a floating production unit (FPU) to be ...

CIMC Raffles to convert Saipem’s semi-submersible rig Scarabeo 5 into an FPU for Eni venture Chinese yard CIMC Raffles has won a contract from Italian major Saipem to convert its semi-submersible ...

Dutch offshore services provider Boskalis has engaged its heavy transport vessel Blue Marlin to move a recently converted floating production unit (FPU) to Angola, ahead of its deployment at Congo’s ...

Targeted to be put into production 2028, the $7.2-billion 'ultra-deepwater' project includes a floating production unit with an output capacity of 100,000 barrels a day. Image by Valeri Pavljuk via ...

TPAO has let an EPIC contract to Wison New Energies for a FPU in Sakarya gas field Phase 3. The FPU is designed with a gas export rate of 25 MM std cu m/d (883 MMscfd). Turkish Petroleum Corp. let a ...

Within three to four months after the start of production, Var Energi expects to raise production by approximately 80,000 barrels of oil equivalent per day (boepd) gross. Image by Sadagus via iStock ...