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The Brazilian major’s business and management plan focuses on financial planning and the pursuit of profitability as the company continues working to reduce its debt.
The project involves determining which parameters and information are vital for FPSO integrity assessment to define a standard for data acquisition and treatment at fields.
More exploration drilling, appraisal work and seismic acquisition are ahead for the Stabroek Block as the company looks to start activity in Block 59 offshore Suriname.
Tullow positions itself offshore Comoros, a potential future oil and gas hot spot, as it prepares to drill offshore Guyana next year.
The Pluma-1 well, which was drilled by the Noble Tom Madden drillship, hit about 37 m (121 ft) of high-quality hydrocarbon-bearing sandstone reservoir.
The future of the Campos Basin, growing importance of natural gas in the energy transition and concerns about Brazil’s upcoming presidential elections were hot topics during a recent oil and gas conference.
An NOC announces plans to drill thousands of wells in the NCS in the coming decades.
Brazil’s 5th presalt production sharing round, held 10 days before the country’s upcoming presidential elections which outcome is unpredictable, attracted several oil majors.
Hart Energy spoke to Tim Dodson, executive vice president of exploration for Equinor, during the recent ONS2018 conference about the growing importance of Brazil to the company’s exploration portfolio.
The South American country is offering companies a chance to invest in renewable energy areas such as wind and solar.
AI can speed up seismic processing and interpretation, but it is still not an exact science. Companies are working to solve the hiccups.
The technology’s digital twin is built in parallel to the physical topsides asset during the design and build phases of a project, an executive said.