The increase in flaring emissions was led by operations in the Middle East, Africa, and Russia.
Petrobras said the unit serving the pre-salt field is designed to reduce up to 24% of emissions.
The agreement with state officials comes more than 3 years after the supermajor proposed building the world's largest carbon storage hub offshore the Houston area.
Get JPT articles in your LinkedIn feed and stay current with oil and gas news and technology.

Access to JPT Digital/PDF/Issue

Sign Up for JPT Newsletters

Sign up for the JPT weekly newsletter.

Sign up for the JPT Unconventional Insights monthly newsletter.

President's Column
  • In this vodcast and column, Olivier Houzé explores the polarized views among SPE's members about the energy transition, highlighting the geographic and demographic differences. He examines historical perspectives on energy transitions, evaluates future scenarios, and discusses how SPE can adapt its mission to stay relevant.
Content by Discipline