Asianometry How Brazil Learned to Drill its Deepwater Oil
Jun 29, 2025
00:00
Unlike other state-owned oil giants like Saudi Arabia's Saudi Aramco or Norway's Equinor...Brazil’s Petrobras was founded without meaningful oil reserves. Bit strange isn't it? But for decades, Brazilians believed that their country had oil. And they persisted in that belief despite words and data saying otherwise. And their faith was rewarded! Turns out there was oil in Brazil. It just wasn't on land. In this video, how Brazil learned to drill its deepwater oil.
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