Brazil’s latest oil auction signaled a revival in offshore exploration, with Petrobras, Equinor, and Chinese firms among the winners. The pre-salt round saw five of seven blocks awarded, underscoring renewed deepwater interest despite soft crude prices and cautious global spending.
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...
