Brazil's oil fields auction falls well short of expectations: US$ 17bn instead of US$ 26bn targeted

Thursday, November 7th 2019 - 09:43 UTC

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Brazil's auction of drilling rights to four deep-sea oil fields raised a disappointing US$17 billion on Wednesday, officials said, well short of expectations for the highly-anticipated mega sale. Read full article

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Brasileiro
The Buzios field contains over 15 billion barrels of oil and was awarded by the consortium between Brazilian and Chinese companies.

BRICS is the present and future of South America.

https://www.youtube.com/watch?v=RQnSqUDYNaQ&list=FLmXPTu1f8AdGlizWNiASx2A&index=11&t=0s
Nov 07th, 2019 - 09:51 am - Link - Report abuse 0
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