Source: Financial Times [UK]
“BP has made its biggest oil and gas discovery in 25 years after drilling a successful well in a field off the coast of Brazil, in a boost to the energy giant as it refocuses on fossil fuels. The Bumerangue field lies in the Santos Basin, about 400km from Rio de Janeiro, and spans more than 300 sq km, an area roughly five times the size of Manhattan. … The find was the company’s biggest since the 1999 discovery of Shah Deniz, a giant gasfield in the Caspian Sea that holds about 35tn cubic feet of gas, according to a BP spokesperson. Bumerangue is believed to contain a mix of gas, condensate and oil.” (08/04/25)