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Consulting Says Exploitation of the Equatorial Margin Needs US$ 42 Bi

Summary by CNN Brasil
The development of oil reserves in the Equatorial Margin requires investments of US$ 42 billion, distributed over the first seven years of exploitation, according to estimates released on Tuesday (9) by the Oxford Economics consultancy. In a report signed by economists Felipe Camargo and Jack Reid, the peak of production in the Equatorial Margin is projected for the second half of 2035. According to them, the exploitation break even . . . . . . …
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The development of oil reserves in the Equatorial Margin requires investments of US$ 42 billion, distributed over the first seven years of exploitation, according to estimates released on Tuesday (9) by the Oxford Economics consultancy. In a report signed by economists Felipe Camargo and Jack Reid, the peak of production in the Equatorial Margin is projected for the second half of 2035. According to them, the exploitation break even . . . . . . …

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CNN Brasil broke the news on Tuesday, June 9, 2026.
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