INSUBCONTINENT EXCLUSIVE:
Discovered in 2006, Tupi transformed Brazil into a major oil producer.The field lies 300 kilometers offshore, beneath thick layers of salt
The company plans to drill new wells and conduct fresh seismic surveys
They are also considering adding another floating production vessel to the field.These ambitious plans could cost billions of dollars
However, a long-standing tax dispute has hindered progress
(Photo Internet reproduction)This resolution is crucial for moving forward with the revitalization plans
The field has generated hundreds of billions of dollars in taxes over its lifetime
Tupi faces natural production decline after years of operation
Petrobras aims to arrest this decline and potentially increase output
This includes 2,000 meters of water and 2,000 meters of salt layers.Overcoming these obstacles requires cutting-edge technology and
environmental considerations
As the world shifts towards renewable energy, the project raises questions about long-term fossil fuel investments
