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- How much oil does Brazil extract per day?
- Nowadays, about only 13 years of its exploration beginning, the Province already is responsible for about 70.3% of the total Brazilian oil extraction, representing 2.739 million barrels of oil equivalent per day (2.739 Mboe/d) (ANP 2020).
- How has Brazil moved from difficult oil exploration to offshore discoveries?
- How has Brazil moved from difficult oil exploration without very convincing results to major offshore discoveries whose production is expected to grow over the next decades, placing Brazil among the top eight world producers in 2040 according to the 2017 World Energy Outlook (WEO) ?
- What is oil extraction?
- Zebene Kifile, in Renewable and Sustainable Energy Reviews, 2017 Extraction is a mechanical conversion process used to recover oil from the seeds of various biomass crops, such as rape seed, cotton, sunflower and groundnuts. This process produces oil and a residual solid or cake, which is suitable for animal fodder.
- What was the main objective of the Brazilian oil industry?
- Until the 1970s, when Brazil was under a dictatorial regime, most investments were concentrated downstream, aiming at the construction of a refining park in Brazil. The main objective was to make the Brazilian oil industry vertical .
- When did oil exploration start in Brazil?
- Beginning of the upstream activities in Brazil The first record of oil exploration in Brazil was in the 19th century.
- When was the first oil rig drilled in Brazil?
- In 1953, the state-owned Brazilian Petroleum Company (Petrobras) was created. The company moved to offshore just 15 years after initiated exploration onshore, drilled the first well in 1968 and in the same year reached the first discovery, Guaricema field, in the Sergipe-Alagoas Basin, NE Brazil, in water depth of 15 m.