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Montevideo, May 24th 2025 - 09:19 UTC

Tag: Equatorial Margin

  • Monday, April 7th 2025 - 10:35 UTC

    Brazil receives UN approval to expand northern continental shelf to 350 miles

    Known as the Equatorial Margin, the area spans 360,000 square kilometers, and has been surveyed for presentation by the Brazilian Navy and Petrobras

    The United Nations Commission on the Limits of the Continental Shelf has recognized a new area of the Atlantic Ocean’s northern seabed and subsoil as belonging to Brazil, covering dimensions equivalent to the size of Germany. Previously, this region was not under any country’s jurisdiction.

  • Friday, June 14th 2024 - 21:18 UTC

    Petrobras CEO regrets time spent without exploring Equatorial Margin

    ”I took part in the discovery of the pre-salt,” Chambriard had noted on her first day as CEO

    Petrobras' newly appointed CEO Magda Chambriard said this week that Brazil's state-run oil company “lost 10 years” by not exploring an area known as the new “pre-salt” and criticized the Brazilian Institute for the Environment and Renewable Natural Resources (Ibama) for the delay in authorizing oil explorations in the so-called Equatorial Margin, Agencia Brasil reported.