Article Oil and Gas

FPSO Company

FPSO Company A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry to produce and process hydrocarbons and oil storage. FPSO ships are designed to receive hydrocarbons produced by themselves, hydrocarbons from nearby platforms or subsea templates, process and store oil until it can be […]

Oil and Gas Renewable energy

Asian renewable investment to overtake upstream oil and gas spending in 2020

Consulting firm Rystad Energy said on May 27, 2020, renewable energy investments in the Asia-Pacific region will exceed oil and gas exploration spending. The consulting firm said that by 2020, the region ’s total capital expenditure on renewable energy will exceed $ 30 billion, only more than investment in oil and gas exploration and production. […]