Brazil’s Petrobras is likely to postpone awarding up to four drillship contracts for its giant Buzios field until 2026, as the operator reassesses reservoir data and contractors revise bids amid a soft offshore rig market and emerging global oil glut.
Petro Victory reports stacked gas pay in SJ-12 well, offshore Brazil
Petro Victory’s SJ-12 well in Brazil’s Barreirinhas basin has confirmed stacked gas reservoirs...
