Tag: oil equivalent
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Vår Energi’s Bold Move: Revolutionizing Oil and Gas Development with Strategic Subsea Investments
Vår Energi’s Strategic Move to Accelerate Oil and Gas Developments Overview of Vår Energi’s Strategic Move Vår Energi has made a strategic move by pre-ordering Subsea Production Systems (SPS) from OneSubsea. This pre-commitment agreement is a significant step in Vår Energi’s business strategy, aiming to accelerate oil and gas developments in Norway. The agreement includes…
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Petrobras’ 2024 Reserves Surge: Strategic Innovations and Key Field Developments Fuel Growth
Petrobras’ 2024 Reserves Report: Growth and Strategic Initiatives Petrobras 2024 Reserves Overview Petrobras, Brazil’s state-owned oil and gas giant, has reported a substantial increase in its proven reserves of oil, condensate, and natural gas for 2024. The Petrobras 2024 Reserves Report marks a significant milestone, with the company reporting a substantial increase in its oil…