The Eyes of the World Are on Brazil’s Oil Industry, Which Has Gained International Attention and Interest Following the Success of Recent Auctions
The oil sector in Brazil has always been highly sought after by many global companies in this field, but due to Petrobras’s monopoly on exploring all or any assets it wanted, many of these operators remained inactive for a long time. Well, that reality has passed, and the Brazilian fossil fuels market is more open than ever,so much so that the 15th oil auction has been highlighted in major media outlets in Brazil and around the world.
The impact was so great that one of the most respected media outlets in the world, The New York Times, published a special feature dedicated to this event, as multinational companies are now entering the country with force. TNYT emphasizes that Brazil is likely to see robust investments and the eyes of the offshore world are focused on this sector, as regulations for conducting activities here have become easier now.
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Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.
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Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.
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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.
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Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.
Carla Lacerda, the president of Exxon Mobil Brasil, gave an interview to the newspaper and emphasized that they wish to increase their workforce in the country in unprecedented proportions. Unfortunately, Petrobras no longer has the financial strength and expertise necessary to explore all the oil potential in our waters; it was only a matter of time before they threw in the towel due to the intensity of the crisis they have been suffering. In addition to Exxon, other giants such as Statoil, BP, Royal Dutch Shell, and Wintershall are quite excited about their acquisitions in these auctions. READ THE FULL ARTICLE FROM THE NEW YORK TIMES BY CLICKING HERE.

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