Deepwater energy to hit new heights

GLOBAL deepwater liquid production is set to jump by 700,000 barrels per day from 2018 to reach a record-high of 10.3 million bpd in 2019, thanks to new fields coming on stream in Brazil and the US Gulf of Mexico, research firm Rystad Energy said at the weekend.

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Brazil, Angola, Norway and Nigeria will be the biggest deepwater producers

Writing in oilprice.com, Tsvetana Paraskova reported that in addition to Brazil and the US, the other biggest deepwater producers will be Angola, Norway, and Nigeria, according to Rystad.

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