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Germany-Sized Ocean Win Opens Brazil’S Seabed Riches
(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.
This expansion stretches from Amapá to Rio Grande do Norte, pushing past the 200-nautical-mile Exclusive Economic Zone. It hands Brazil control over a seabed area the size of Germany, ripe for resource exploration.
Brazil fights for this since 2017, wrapping up seven years of talks with the UN body in New York last month. The Brazilian Navy leads the charge, teaming up with Petrobras and the National Petroleum Agency to map the Equatorial Margin.
Their data convinces the commission during its February 17-28 session, securing the win on March 26. This matters because Brazil now taps into oil, gas, and minerals beyond its old limits, up to 350 nautical miles.
Petrobras eyes the Foz do Amazonas basin, planning a well in block FZA-M-59, 160 kilometers off Oiapoque. The company allocates $3.1 billion of its $7.5 billion exploration budget through 2028 to this region, targeting 16 wells.
Yet, the new territory does not overlap Petrobras' current drilling zone, which sits within the existing 200-nautical-mile boundary. The firm still hustles to meet environmental rules, finishing a fauna stabilization unit in Oiapoque by March's end.
Brazil's Strategic Expansion
Ibama, Brazil's environmental agency, hesitates, with its staff flagging gaps in Petrobras' wildlife rescue plan despite a $4.5 million rehab center in Belém. The Navy calls this a geopolitical coup, strengthening Brazil's grip on the South Atlantic alongside nations like Iceland and Japan.
The Equatorial Margin's riches could fuel Brazil's economy, but the catch lies in balancing profit with nature. The region neighbors the Amazon, raising stakes for sustainable moves.
Behind the figures, a story unfolds of persistence and strategy, starting with the Navy's Leplac program in 1987. Petrobras' Sylvia Anjos notes the decision boosts sovereignty and resource access, though drilling approval hangs in limbo under President Lula's divided administration.
Environmentalists push back, while business leaders see dollar signs. This expansion hands Brazil a long-term edge, dwarfing Uruguay's size twice over, with potential to reshape energy markets.
The Navy and Petrobras gear up to survey the new zone, but immediate action stays focused on the Foz do Amazonas well. For global business, this signals Brazil's rise as a resource player.
The UN' nod on March 26 changes the game, offering Brazil a shot at underwater wealth. It proves science and diplomacy can redraw maps, but execution will test Brazil's resolve. This move matters because it ties economic growth to environmental tightropes, watched closely by the world.
This expansion stretches from Amapá to Rio Grande do Norte, pushing past the 200-nautical-mile Exclusive Economic Zone. It hands Brazil control over a seabed area the size of Germany, ripe for resource exploration.
Brazil fights for this since 2017, wrapping up seven years of talks with the UN body in New York last month. The Brazilian Navy leads the charge, teaming up with Petrobras and the National Petroleum Agency to map the Equatorial Margin.
Their data convinces the commission during its February 17-28 session, securing the win on March 26. This matters because Brazil now taps into oil, gas, and minerals beyond its old limits, up to 350 nautical miles.
Petrobras eyes the Foz do Amazonas basin, planning a well in block FZA-M-59, 160 kilometers off Oiapoque. The company allocates $3.1 billion of its $7.5 billion exploration budget through 2028 to this region, targeting 16 wells.
Yet, the new territory does not overlap Petrobras' current drilling zone, which sits within the existing 200-nautical-mile boundary. The firm still hustles to meet environmental rules, finishing a fauna stabilization unit in Oiapoque by March's end.
Brazil's Strategic Expansion
Ibama, Brazil's environmental agency, hesitates, with its staff flagging gaps in Petrobras' wildlife rescue plan despite a $4.5 million rehab center in Belém. The Navy calls this a geopolitical coup, strengthening Brazil's grip on the South Atlantic alongside nations like Iceland and Japan.
The Equatorial Margin's riches could fuel Brazil's economy, but the catch lies in balancing profit with nature. The region neighbors the Amazon, raising stakes for sustainable moves.
Behind the figures, a story unfolds of persistence and strategy, starting with the Navy's Leplac program in 1987. Petrobras' Sylvia Anjos notes the decision boosts sovereignty and resource access, though drilling approval hangs in limbo under President Lula's divided administration.
Environmentalists push back, while business leaders see dollar signs. This expansion hands Brazil a long-term edge, dwarfing Uruguay's size twice over, with potential to reshape energy markets.
The Navy and Petrobras gear up to survey the new zone, but immediate action stays focused on the Foz do Amazonas well. For global business, this signals Brazil's rise as a resource player.
The UN' nod on March 26 changes the game, offering Brazil a shot at underwater wealth. It proves science and diplomacy can redraw maps, but execution will test Brazil's resolve. This move matters because it ties economic growth to environmental tightropes, watched closely by the world.
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