Report summaryBúzios is a giant pre-salt oil and gas field located in the Santos basin. The field, formerly known as Franco, was discovered by the ANP and renamed Búzios upon its declaration of commerciality. It is located 41 kilometres to the northeast of the Iara field in water depths of almost 2,200 metres. Early estimates indicated that the discovery held around 4.5 billion barrels of oil equivalent. In September 2010, 3 billion boe were transferred to Petrobras as part of the Transfer ...
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