Analysis: Why Brazil’s Pre-Salt Offshore Oil Boom Will Continue

Brazil’s massive offshore oil boom, notably in the deepwater offshore pre-salt oilfields, is continuing to grow despite weaker oil prices and the sharp impact of the COVID-19 pandemic.

RIO DE JANEIRO, BRAZIL - Brazil’s massive offshore oil boom, notably in the deepwater offshore pre-salt oilfields, is continuing to grow despite weaker oil prices and the sharp impact of the COVID-19 pandemic.

Strong demand from Asian refiners, especially those in Subscribe to our Premium Membership Plan. Already Subscribed?