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.
Techouse tests offshore steam generator designed to cut CO₂ emissions by 25%
Techouse has completed testing of a compact once-through steam generator designed for offshore oil...
