Brazil's auction of deep water, pre-salt oil blocks on Friday raked in 6.15 billion reais ($1.9 billion) in Rio de Janeiro.
The signing bonuses fell beneath the government's goal of 7.15 billion reais, with two of the eight blocks not selling. However, the state also secured hefty production sharing deals from consortiums includin Shell, Exxon and Statoil.
GMT 15:13 2017 Monday ,23 October
Brazilian police shoot dead Spanish touristGMT 14:40 2017 Friday ,01 September
Brazil 0.2 percent GDP growth confirms end to recessionGMT 16:32 2017 Thursday ,24 August
Death tolls surge in two Brazil boat wrecksGMT 14:57 2017 Thursday ,24 August
Death tolls surge in two Brazil boat wrecksMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor