Although the French supermajor hasn’t formally greenlit the $9 billion development of crude discoveries in the Latin American nation, it’s already seeking to lock in two rig leases for future drilling in the area, according to people familiar with the tenders who asked not to be named discussing non-public information.
Repurposing offshore wells for carbon capture: From cost center to carbon storage asset
As oil and gas operators continue to seek ways to reduce their carbon footprint, carbon capture...