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Montevideo, November 29th 2020 - 14:05 UTC

Tag: Tupi oilfield

  • Tuesday, November 17th 2020 - 09:34 UTC

    Brazil is emerging as the world's leading offshore oil producer

    The scale of Brazil’s deep-water offshore oil boom is marked by the pre-salt Tupi oilfield and the impressive milestone of having pumped two billion barrels

    By Matthew Smith for Oilprice.com – Sharply weaker oil prices, the COVID-19 pandemic, and heightened geopolitical uncertainty have done little to blunt Brazil’s epic offshore oil boom. By September 2020 Brazil had soared to be the third-largest supplier of crude oil to China, the world’s second-largest economy.