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Brazil has oil. Exxon can't seem to find it | Hellenic Shipping News Worldwide

Exxon Mobil Corp XOM.N has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its future. But five years into its comeback, the U.S. oil giant has yet to make a major oil discovery as an operator in Brazilโ€™s waters and has let opportunities ...
Rio De Janeiro Estado Do Rio United States Europe Equinor Gary Mcwilliams Juan Lessmann

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Hyundai Heavy Goes All-Out to Win Offshore Plant Orders | Hellenic Shipping News Worldwide

Global top shipbuilder Hyundai Heavy Industries Co. is in high gear to obtain floating production, storage and offloading vessel (FPSO) orders as the offshore plant market rebounds thanks to a hike in oil prices. The company launched the construction of a hull for the FPSO โ€˜P78โ€™ worth 850 billion won (US$775 million) that it won ...
Republic Of Estado Do Rio Hyundai Heavy Industries Co Hyundai Heavy Industries North Field

Brazil has oil. Exxon can't seem to find it | Money

HOUSTON, Feb 14 โ€” Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its future. But five years into its comeback, the US oil giant has yet to make a major oil discovery as an operator in Brazilโ€™s waters and has let...
Rio De Janeiro Estado Do Rio United States Juan Lessmann Marcelo Assis Eike Batista

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