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These machines are transforming the fortunes of one of South America’s smallest ... The pre-salt fields transformed Brazil from a marginal oil producer into the world’s eighth largest.

3. Argentina . Argentina produces 787,000 barrels daily, making it the third-biggest oil producer in Latin America. Argentina's Vaca Muerta (Dead Cow) shale oil deposit is the fourth-largest in ...

AÑELO, Argentina—South America has long been the world’s sleeping energy giant, with massive oil-and-gas reserves still untapped. Now it is rumbling awake, with huge implications for the ...

Those FPSOs will be allocated to pre-salt fields, such as Mero and Buzios, and post-salt revitalisation projects, ... Brazil’s oil projects in South America. Oil production potential of Brazil.