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Montevideo, December 8th 2022 - 17:17 UTC



Major pre-salt oilfields auction could raise some US$ 50 billion for Brazil

Wednesday, October 23rd 2019 - 08:58 UTC
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An auction next month of oilfields in Brazil may be the priciest ever held, raising at least US$ 50 billion in licensing fees and compensation. Exxon Mobil Corp., Royal Dutch Shell Plc and other energy giants are set to vie for deep-sea deposits that could hold 15 billion barrels of oil, almost twice as much as Norway’s reserves. Read full article


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