BP makes largest oil discovery in 25 years at offshore Brazil site

  • Posted on August 4, 2025
  • By Bing News
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BP makes largest oil discovery in 25 years at offshore Brazil site

BP (NYSE:BP) on Monday announced its biggest oil and gas discovery in 25 years at the Bumerangue prospect, located in deepwater offshore Brazil. Bumerangue marks BP’s tenth discovery in 2025 to date, following findings in Trinidad, Egypt, Brazil and the Gulf of America. Results from the rig-site analysis indicate elevated levels of carbon dioxide, ...
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