The FPSO unit can process up to 225,000 barrels of oil and 12 million cubic meters of natural gas per day, Petrobras said in ...

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Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

A shipyard has completed the construction of the P-55, Brazil's largest offshore oil platform, which will have the capacity to produce 180,000 barrels per day (bpd) of crude, it was announced by ...

UAE-based shallow water drilling contractor Shelf Drilling has formed a strategic alliance with Arabian Drilling, the largest ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...