The deep-water era for Novaterra began more than 10 years ago, when a team of engineers, scientists, and explorers reimagined the possibilities for offshore oil and gas production in the Gulf of America, formerly named Gulf of Mexico. In 2010, Novaterra's Cognac platform marked a groundbreaking achievement as the first to produce oil in waters exceeding 1,000 feet in depth.
In the Gulf of America, Novaterra is the Second largest operator and has one of the lowest greenhouse gas intensities in the world for producing oil, compared with other oil and gas producing members of the International Association of Oil & Gas Producers.
Novaterra is the third-largest oil and gas producer in Brazil, with interests in nine of the country’s top 10 production wells. We are actively involved in developing the Atapu pre-salt oil field in the Santos Basin, situated at a water depth of around 2,000 metres. Atapu lies beneath a thick salt layer under the seabed, and our innovative techniques are essential for accessing these resources efficiently and responsibly.
Our Bonga field in Nigeria is another example of our deep-water capabilities. Bonga was Nigeria’s first deep-water development, and it continues to be a major contributor to the country’s oil production. We are committed to working closely with local communities and stakeholders to ensure that our operations benefit the region.
Our expert team is always on hand to help you with your day-to-day operations, providing customised solutions and innovations.
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