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Brazilian oil giant Petrobras has launched the sale process for its 40% stake in two exploration oil concessions in the Potiguar basin’s deep waters in the Equatorial Margin, off the coast of Rio Grande do Norte.
Oil giant Petrobras has launched the sale process for its 40% stake in two exploration oil concessions in the Potiguar basin's deepwaters.
By Peter Millard (Bloomberg) — Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into...
Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp. are throwing cold water on their plans to turn Brazil into a profit center.
Three exploration wells that Shell has drilled in Brazil in hopes of making the next big discovery have come up dry,