Sugar Loaf field

The Carioca/Sugar Loaf field is a potential deepwater oil field in the Atlantic Ocean off the coast of São Paulo, Brazil. The field is possibly part of an important emerging petroleum basin known as the Santos Basin. Two other large oil fields have been discovered in this basin in 2007 and 2008, the Tupi and Jupiter fields. The condition and size of the Carioca/Sugar Loaf field has yet to be clarified, however there is speculation that it could c... more

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