Browsing: offshore drilling

BP has announced an extraordinary discovery of 8 billion barrels of oil off the coast of Brazil, marking a game-changing boost to the country’s reserves. This groundbreaking find cements Brazil’s growing power on the global energy stage

Shell has sold a minor stake in its Brazil deepwater oil and gas project to a Middle Eastern firm, underscoring the vibrant and growing foreign interest in the region’s offshore energy sector, sources reveal

Petrobras and Equinor stole the spotlight in Brazil’s latest pre-salt auction, securing major offshore oil blocks that promise to reshape the energy landscape. This thrilling development underscores a booming wave of interest and investment in the country’s vast deepwater reserves, Reuters reports

Brazil’s Petrobras has just received the green light from the government to begin oil drilling near the mouth of the Amazon River, sparking intense environmental alarm over the threats posed to this delicate and crucial ecosystem