By Ron Bousso LONDON, Jan 18 (Reuters) – Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil.
Industry experts said the scale of the discovery 8 km below BP's Thunder Horse field, announced last week, marked a major leap forward for deepwater exploration – a costly business known for its low success rate and high risk. It is an example of how technology is helping deepwater make a comeback after a decade when the industry has focused on advances in onshore shale.