It consists of four uncompensated air steel tanks that are placed at the corners of the floating platform. “Prior to air storage, the hot compressed air is cooled down in the heat exchanger ...

The first oil came on stream at the Johan Castberg field before noon on March 31, marking a new northern milestone in ...

Besides this incident, FPSOs have spilled less than approximately 500 barrels of oil combined. Besides FPSOs, similar floating systems include Floating Storage and Offloading systems (FSOs ...

(RTTNews) - Murphy Oil Corp. (MUR) announced that it agreed to acquire the BW Pioneer floating production storage and offloading vessel or FPSO from BW Offshore. The gross purchase price is $125 ...

Developed by researchers at Penn State University, the geothermal-assisted compressed air energy storage (GA-CAES) system harnesses the existing infrastructure of abandoned oil and gas wells (AOGWs).

The Cape Ann, the floating storage and regasification unit (FSRU) for liquefied natural gas was located in the port of Le Havre two years ago. TotalEnergies has contracted 50% of the terminal’s ...

The closure of the polluting Bazan oil refineries in the northern city of Haifa will take slightly longer than expected, but the removal of foul-smelling crude oil tanks that back onto homes in ...

Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage ... oil in tanks for later ...

A new study by researchers at Penn State found that taking advantage of natural geothermal heat in depleted oil and gas wells can improve the efficiency of one proposed energy storage solution ...

Earlier in March, Serica confirmed it was in talks to be acquired by EnQuest PLC in a reverse takeover. EnQuest is an oil and gas company with operations in the UK and Malaysia.