With recoverable reserves exceeding 1 billion barrels of oil equivalent (boe), Bacalhau is the largest international offshore field ever developed by Equinor.
The Port of Long Beach was awarded $20 million by the California Energy Commission to fund the ongoing development of Pier Wind, a proposed 400-acre terminal to assemble and deploy floating offshore wind turbines.
The project comprises three wind turbines, each with 8-megawatt capacity, capable of generating enough electricity annually to meet the needs of approximately 45,000 households.
New production vessel will consolidate Búzios as Petrobras' largest producer and serve as a hub for exporting natural gas produced from other units in the field