US - based Chevron (CVX) was fined 50 million reals ($ 28 million) by Brazil's federal government earlier this month for leaking around 2,400 to 3,000 barrels from one of its offshore
drilling platforms located 75 - miles off the coast of Brazil's iconic beaches in Rio de Janeiro.
Under the regulations, monitoring of well safety would shift from being
located on - site — at the offshore
drilling platform — to being stationed at onshore electronic observation centers.