Deepwater Oil

KEY POINTS Shell and INEOS have confirmed a new oil discovery in the deep waters of the United States Gulf, adding momentum to offshore exploration activity in one of the …

KEY POINTS Brazil’s state-controlled energy giant Petrobras is weighing a return to Nigeria’s upstream oil sector, signaling renewed interest in deepwater and ultra-deepwater exploration as Africa’s largest crude producer courts …

KEY POINTS Global energy giants have long controlled Nigeria’s deepwater oil and gas fields, but a quiet but significant power shift is now taking place. The era of uncontested international …