Offshore oil production, examining factors such as cost, environmental impact, technological requirements, and profitability. Brazilian oil and gas company petrobras is evaluating the potential sale of its polo bahia onshore oil and gas operations in bahia state, according to its ceo magda chambriard, bloomberg has reported. These comparisons highlight petrobras ’ weight not only in brazil but also in latin america’s gas landscape
NATALIE TRAN | Randomly posted this on tiktok last night and it’s
The story behind the numbers is that brazil has long produced large amounts of offshore gas, but much of it never reached consumers because of limited infrastructure.
Offshore wells and structures are much more expensive to abandon than onshore infrastructure but onshore wells are many times more numerous, which balances the cost distribution.
In this guide, we break down the costs, production capabilities, and ecological considerations of onshore versus offshore oil, helping you make informed decisions about the future of energy.
