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Brazil: the return of deepwater oil

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Royal Dutch Shell won half of the blocks that were offered, and Shell was already one of Brazil’s largest foreign investors. By Nick Cunningham of Oilprice.com - On a historic auction for deepwater oil assets in Brazil, the oil majors showed up on October 27 and bought several offshore blocks, indicating a high level of interest in the country after a major policy overhaul allowed private investment.

Brazil: the return of deepwater oil Brazil: the return of deepwater oil Reviewed by Shahid Karimi on October 31, 2017 Rating: 5

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