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How rising rig rates in Brazil could put further pressure on delivery of Petrobras developments
Offshore ultradeepwater (UDW) rig demand has been recovering since 2022. Leading-edge rates for UDW rigs have increased to an average of US$450,000...
Brutus (GC 158)
Brutus (GC 158) is an oil and gas field developed using a conventional, dry-tree tension leg platform (TLP). Development work on Brutus began in Ap...
Marcellus Key Play
The Marcellus leads the Lower 48 in natural gas production and plays a pivotal role in the US natural gas landscape. Operator response to low prici...
Sepia and Sepia Leste
Sépia is a pre-salt oil and gas discovery located in the Santos basin of Brazil. Petrobras produced first oil in August 2021. In 2019, a consortium...
Kenya upstream summary
Kenya is a frontier oil and gas country with no current production. Tullow Oil opened up the country's onshore plays by making the first oil discov...
NOCs' efforts in reducing upstream emissions are crucial for Latin America
NOCs in the region represent more than 60% of the region’s hydrocarbon production, and their related emissions account for 80% of total upstream em...
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