Murphy Oil CEO Roger Jenkins gave the update on the Cutthroat-1 prospect offshore Brazil in a presentation to investors. If exploration is successful, it would be Exxon’s first oil discovery in ...

According to a document released Wednesday by Brazil's ANP oil agency ... for 88.47% of total production. Production came from 6,424 wells, of which 515 were offshore and 5,909 onshore.

The processing equipment aboard the FPSO is similar to what would be found atop a production platform ... offshore Brazil, Asia Pacific, the Mediterranean Sea and offshore West Africa. Oil ...