Barra, Brazil News

A view of a police station on the Copacabana beach in Rio de Janeiro Feb, 10, 2012.

A new offshore oil field discovered by Brazil's state-controlled oil company Petrobras has the potential to open a new frontier for the country's fast-growing oil industry, the head of the company's exploration unit said on Friday.

Vendors wait for customers at the entrance of a store at the Pelourinho neighborhood in Salvador, Brazil, Thursday Feb.

Vendors wait for customers at the entrance of a store at the Pelourinho neighborhood in Salvador, Brazil, Thursday Feb.

Construction on Superporto do AA u has been underway since 2007 and is reported to be a US$1.6 billion project, originally planned to come online in 2012.