(MENAFN- The Rio Times) The United Nations' Commission on the Limits of the Continental Shelf delivers big news on March 28, 2025: Brazil gains 360,000 square kilometers of maritime territory.

Brazil’s PetroRio SA has acquired a floating oil and gas platform type FPSO OSX-3 for US$140 million and 80% of the Tubarão Martelo oil field where the vessel is located, the field’s previous ...

China National Offshore Oil Corporation (CNOOC) has commenced production at the Buzios7 project at the Buzios field. The field is located in the pre-salt layer of the Santos Basin, offshore Brazil ...