The Lula oil field (formerly Tupi oil field) is a large oil field located in the Santos Basin, 250 kilometres (160 mi) off the coast of Rio de Janeiro, Brazil. The field was nicknamed in honor of the Tupi people and later named after former Brazilian president Luiz Inacio da Silva. It is considered to be the Western Hemisphere's largest oil discovery of the last 30 years.
Read more about Tupi Oil Field: History, Reservoir, Ownership, Production, See Also
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