OGX drills commercial well

Brazil’s OGX Petroleo e Gas has declared its Tubarao Azul offshore oilfield commercially viable, the company’s first such declaration since it was founded five years ago.

Clear horizons: OGX chief executive Paulo Mendonca said the company would now look to connect a second vessel to its FPSO.
Clear horizons: OGX chief executive Paulo Mendonca said the company would now look to connect a second vessel to its FPSO.
Published 15 May 2012, 07:54Updated 6 October 2016, 10:46
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