Brazil state-controlled oil company Petrobras said May 11 it identified a 208-meter reservoir of “optimum quality” oil in the Buzios oil field, which is within the presalt region.
Petrobras said it also found oil within the presalt but in the separate Albacora Field. The reservoir has 214 meters and the presence of light oil, Petrobras said.
With industry veteran David Nemetz at its helm, Gilmore plans to roll out new flow control products in 2021 to target further markets within oil and gas and across other industries.
Argentina’s government has appointed lawyer Pablo González as the new president of state energy giant YPF, state news agency Telam said Jan. 20
The oil and gas industry should be part of the conversation, given some of the expertise it brings to the table, according to Oceaneering CEO Rod Larson.