The Norwegian oil major has secured suppliers to build a floating production vessel, drill production wells and install sea-bed infrastructure. Valaris earlier this year won a $498 million contract to drill wells for the project, known as Raia. The project will cost an estimated $9 billion and could supply 15% of Brazilian gas demand when it comes online.
Suriname offers 60% of offshore acreage to accelerate Guiana basin oil exploration
Suriname has opened 60% of its offshore acreage through a new Open-Door Offering aimed at...
