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MercoPress, en Español

Montevideo, November 15th 2024 - 03:08 UTC

Tag: Tupi oilfield

  • Wednesday, April 17th 2024 - 10:18 UTC

    Brazil: Búzios deepwater field produces 1 billion barrels of oil in March

    Despite its size, Búzios trails the smaller but older Tupi field in volume output

    The Búzios Field in the Santos Basin, the largest ultra-deepwater facility of that kind worldwide, produced 1 billion barrels of oil in March, the state-owned company Petrobras announced this week, Agencia Brasil reported. Petrobras operates the field in a consortium with Pré-Sal Petróleo (PPSA) and the Chinese companies CNOOC and CNODC.

  • 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.