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Brazil limits Chinese state-controlled companies to joint bidding for largest offshore oil prospect

Tuesday, October 8th 2013 - 18:15 UTC
Full article 2 comments

Brazil is limiting Chinese state-controlled oil companies to joint bids to develop its largest offshore oil discovery, amid concerns the players could share data and reduce competition ahead of the 21 October auction, said Brazilian officials. Read full article

Comments

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  • reality check

    Someone showing intelligence in the area at last!

    Oct 08th, 2013 - 10:06 pm - Link - Report abuse 0
  • GeoffWard2

    It was my understanding that ALL foreign companies had to undertake joint bidding with Petrobras.

    Oct 09th, 2013 - 03:46 pm - Link - Report abuse 0

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