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.
Chevron, TotalEnergies begin oil production at Ballymore project in deepwater Gulf
Chevron and TotalEnergies have launched production at the Ballymore project in the deepwater Gulf...
