Norway's Statoil and Petrobras expand strategic alliance and cooperation

Wednesday, August 31st 2016 - 05:03 UTC

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Norways' StatOil and Petrobras have signed a memo of understanding to strengthen their cooperation in Brazil. The two major companies are are already partners in 13 blocks and the intention of the MoU is to evaluate joint participation in future tenders for exploration areas and to increase upstream collaboration in producing fields in the Santos and Campos offshore basins. Read full article

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Will this strategic alliance and cooperation create better and more sophisticated opportunities for corruption and money laundering?
Aug 31st, 2016 - 06:49 pm - Link - Report abuse 0
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