With production equipment located on the seafloor rather than on a fixed or floating platform, subsea processing provides a less expensive solution for myriad offshore environments. Originally ...

Current work to link the floating production storage and offloading (FPSO) P-50 vessel to 16 production wells at the Albacora Leste field in Campos basin symbolizes Brazil’s plans to reach oil ...

This new collaboration comes after Japan’s Chiyoda formed a strategic capital alliance with Xodus Group in May 2013. Before that alliance, Xodus established itself as a provider of international ...

FMC said it would supply 10 subsea trees, four subsea manifolds and six subsea boosting and separation systems and related equipment. It said the equipment would be built at its Rio de Janeiro base in ...

TechnipFMC plc FTI secured a major integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract from Petrobras PBR for the Mero 3 HISEP project. This transformative initiative ...

Scorpio Tankers Inc. has entered into a memorandum of understanding (MOU) with Carbon Ridge to collaborate on the development of onboard carbon capture for maritime vessels.Carbon Ridge is a ...

“I see three big challenges we’re fighting to overcome in deepwater projects,” said Bill Donlon, Shenzi Subsea Team Lead for BHP Billiton, the world’s largest diversified resources company. In no ...