Brazil’s Petrobras has restarted production at its flagship Tupi offshore oilfield, restoring one of the country’s most productive pre-salt assets and adding momentum to Brazil’s rise as a top-five global oil producer. The Cidade de Angra dos Reis floating production vessel resumed operations this week after completing maintenance and compliance work ordered by Brazil’s oil regulator at the start of the year. The restart is expected to lift output by tens of thousands of barrels per day as Tupi returns to pre-shutdown levels.…
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