BG Group starts oil production offshore Brazil

British firm BG Group has announced the start of commercial oil production from the Sapinhoá field offshore Brazil. The field is believed to be one of the oil and gas company’s “big five” discoveries in the pre-salt Santos Basin and is expected to pump an initial 25,000 barrels a day. The Cidade de Sao Paulo […]

BG Group strike black gold

Leading player in the global energy market, BG Group, has raised the potential of the Santos Basin site to 8 billion barrels of oil equivalent. BG Group has issued a material upgrade for its interests in the Santos Basin, off the coast of Brazil. Mean Total Reserves and Resources are estimated to amount to 6 […]