Tuesday, 02 January 2024 12:17 GMT

Brazil's Oil And Gas Boom Sets New Records, Strengthens Its Role In World Energy


(MENAFN- The Rio Times) Brazil broke its own records for oil and natural gas production in May 2025, according to the country's official oil regulator, the ANP. The country produced 3.68 million barrels of oil each day, which is about 11% more than a year ago.

Brazil also pumped out 172 million cubic meters of natural gas per day, up 18% from last year. When you add up oil and gas, Brazil reached a total of 4.76 million barrels of oil equivalent per day.

Most of this growth comes from Brazil's“pre-salt” fields. These are huge oil and gas reserves deep under the Atlantic Ocean, below a thick layer of salt.

In May, these fields alone produced 3.8 million barrels of oil equivalent per day, which is almost 80% of all Brazil's oil and gas. Pre-salt fields are hard to reach and expensive to develop, but they have turned Brazil into a major oil producer.

Petrobras, Brazil's state oil company, remains the biggest player. It produced about 2.2 million barrels of oil per day and 110 million cubic meters of gas per day in May.



International companies like Shell are also investing more and now produce over half a million barrels of oil equivalent per day in Brazil. Brazil's oil industry uses advanced technology to get oil from deep under the ocean.

For example, a new floating production ship, the FPSO Almirante Tamandaré, started working in early 2025 and can process 225,000 barrels of oil per day.
Brazil's Oil Boom Drives Self-Sufficiency and Global Clout
Brazil has built up its own industry to support this work, with more than 200 local companies supplying equipment and services. The country also has a strong fleet of offshore drilling rigs, most of them able to work in very deep water.

To export all this oil, Brazil has spent $10 billion on new pipelines and shipping terminals. The main ports can now handle 2 million barrels of oil exports per day.

Most of Brazil's oil exports go to China, and the government expects to earn over $70 billion from oil exports in 2025. This oil and gas boom has made Brazil more self-sufficient and less dependent on imports. It also brings in money, creates jobs, and supports local businesses.

Brazil's success in the pre-salt fields shows how investment and new technology can change a country's role in the world energy market. As Brazil keeps growing its oil and gas industry, it is set to remain an important supplier for years to come.

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