International activity is maintaining leisurely growth, while the U.S. continues to lag. Global oil production was up slightly in 2023, with stronger gains in the Americas. Offshore activity is buoyed by continued success in areas like Guyana, Suriname and Namibia.
Petrobras boosts African exploration with new São Tomé offshore block stake
Petrobras has acquired a 27.5% interest in offshore Block 4 in São Tomé and Príncipe, reinforcing...
