Equinor, Repsol and Petrobras Reveal $9B FID Offshore Brazil

Equinor, Repsol and Petrobras, partners in the BM-C-33 project offshore Brazil, have taken a $9 billion final investment decision for the project which is slated to start up in 2028.

May 8, 2023

Like It or Not, Deepwater Oil and Gas Holds the Key to Energy Transition

Developments in deepwater oil and gas play a critical role in the quest to transition to cleaner energy.

May 8, 2023

OTC: Exxon Not Quitting Exploration in Brazil, Exec Clarifies

Exxon Mobil Brazil general manager Alberto Ferrin, responding to a media report, said the company wasn’t abandoning exploration in Brazil during a discussion on the country’s energy sector at the Offshore Technology Conference.

May 3, 2023

OTC: Brazil Targets 5 MMbbl/d Production by 2030

Brazil’s oil regulator ANP wants the country to increase oil production from 3.3 MMbbl/d to 5 MMbbl/d by 2030, the agency General Director Rodolfo Henrique de Saboia said at OTC.

May 2, 2023