Massive oilfield a 'new horizon' for Brazil

09 Nov 2007 17:49 - Alan Clendenning
A monster offshore oil discovery could help Brazil join the ranks of the world's major exporters, but full-scale extraction is unlikely until 2013 and will be very expensive. The "ultra-deep" Tupi field off the coast of Rio de Janeiro could hold as much as eight billion barrels of recoverable light crude.

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