Chinese Companies Tap Deeper into Brazil's Oil and Gas...
China News
September 15, 2023
Rio de Janeiro, renowned for its beaches and cultural vibrancy, is also a crucial hub for offshore oil and gas fields, holding significant untapped reserves. Among the global players eyeing these resources, Chinese companies like China National Petroleum Corporation (CNPC) have taken an interest. A new Floating Production, Storage, and Offloading (FPSO) vessel from China has recently arrived in Brazil, signifying deeper collaboration.