oceanlove

🚢 1. Opening New Energy Boundaries The Equatorial Margin—spanning Brazil’s northern coast from Amapá to Rio Grande do Norte—is emerging as the country’s next energy frontier. Comprising five offshore sedimentary basins—Foz do Amazonas (also called Amapá Deep Water), Pará–Maranhão, Barreirinhas, Ceará, and Potiguar—this region mirrors the geology of Guyana and Suriname, where over 13 billion barrels of oil have been discovered. Recent estimates suggest the Brazilian Equatorial Margin holds up to 30 billion barrels of oil in place. 🛢️ 2. Strategic Oil Licensing & Major Players In June 2025, Brazil’s National Petroleum Agency (ANP) conducted its 5th permanent concession round. Petrobras, ExxonMobil, Chevron, BP, Shell, Petronas, Equinor, CNPC, and others secured blocks across the Equatorial Margin—including five in Foz do Amazonas by a Petrobras‑Exxon consortium and nine by Chevron‑CNPC . This round included 47 blocks in deep and ultra-deep waters, signaling renewed internation...