CNOOC Eyes FPSO And FSRU For Lingshui

An FPSO, export pipeline and floating liquefaction solution is on the drawing board for an ultradeepwater gas discovery in the South China Sea operated by CNOOC.

FPSO vessel

Report: Floating Production Spending Could Hit $81 Billion By 2019

Deployment of floating production units is predicted to increase; however, analysts think orders for such units will fall in 2015.

Operators Pursue Holistic Process In Challenging Price Environment

Operators seek greater efficiency and lower cost per barrel in a challenging price environment.

Chevron’s Meyer Says Job Description Remains: Deliver Energy

About 55% of global demand will be met by oil and gas in 2035, but decline rates make that challenging.

U.S. Mexico Transboundary.jpg

US, Mexico Transboundary Hydrocarbons Agreement For GoM Takes Shape

Regulators are working out the details of the agreement as lease sales approach on both sides of the border.