Deepwater oil

Oil Field

Keppel Snatches Contract to Build FPSO for World’s Largest Deepwater Oil Field

Brazilian oil and gas giant Petrobras has signed a $2.3 billion worth contract with Keppel Shipyard to build the P-78 FPSO, the seventh unit to be installed in …

China

China's First Domestic-Support Deepwater Oilfield Cluster Begins Production

​China's first domestic-support deepwater oil and gas project, Liuhua 16-2 offshore oil fields cluster, has started operation after 30 months of construction. …

Oil Field

Petrobras Reaches New Production Record at Búzios Field

Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.