Murphy Oil Corporation has signed an agreement to acquire the BW Pioneer floating production storage and offloading vessel (FPSO). The company said in a media release that it has agreed to pay $ ...

The Bacalhau FPSO will be installed in water depths of ... Elsewhere in Brazil, Equinor operates the shallow-water Peregrino field and is developing the giant Raia complex in the pre-salt section ...

After the installation of the fifth FPSO, the field’s production is expected to reach 770,000 barrels per day. The addition of a fifth unit to the Mero field will increase production from one of ...