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Brazil to deploy world’s first floating oil terminal
RIO DE JANEIRO — Brazil’s state-owned energy giant Petrobras said Tuesday it will deploy the world’s first floating oil terminal capable of refueling tankers on the high seas. “The new technology will ensure lower costs, by reducing the distance covered by oil transport vessels,” the company said in a statement.…
Brazil to build ‘underwater cities’ to drill for oil
Brazil’s state oil company is planning to do away with offshore oil drilling platforms and replace them with automated “underwater cities” that extract oil. In what could prove to be one of the most ambitious industrial projects ever undertaken, Petrobras is drawing up plans to place giant machinery and robots…
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