Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Brazil's Top 11 Resource Riches

- 2012-03-22T15:33:50Z

Photograph by Vanderlei Almeida/AFP/Getty Images

Company Symbol % Change
6 of 13

Deepwater Oil

Deepwater oil discoveries have helped Brazil increase its total oil production nearly 10 times since 1980, to 2.6 million barrels a day in 2009, according to the U.S. Energy Information Administration.

In 2007, Petrobras, the state oil company, and partners made the biggest oil find in the Western Hemisphere in 30 years. The finds have launched new industries just to accommodate the development of these resources, as Bloomberg's Peter Millard reports in this Special Report.

This photo offers a view of the helicopter deck (right) of the Petrobras P-51 semi-submersible offshore oil platform under construction at the Brasfelf shipyard in Angra dos Reis, in August 2008. The rig is designed to extract more than 180,000 barrels of oil and 6 million of cubic meters of gas per day. Petrobras has invested $830 million and employed more than 5,000 people in the exploitation of the now-declining Marlim oil field alone.

Read more energy & sustainability news.
Read the full Special Report.

Advertisement