Brazil’s Petrobras is expected to become the world’s largest oil producer by 2030, as it gained full control of more than eight billion barrels of oil in the Buzios field, where a sixth floater being planned, according to Rystad Energy’s latest data and forecasts.
Specifically, despite Brazil’s negative, biggest-ever oil auctions in November, Petrobras managed to take control of a number of barrels, followed by a $70 billion offshore capital investment spree between 2020 and 2025, solely on...
https://safety4sea.com/forecasts-see-petrobras-becoming-worlds-largest-oil-producer/