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Shell bets big on Brazil as oil majors snap up offshore blocks

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Shell bets big on Brazil as oil majors snap up offshore blocks

28 October 2017, Rio De Janeiro — Oil major Royal Dutch Shell Plc RDSA.L won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP (BP.L) took two blocks and Exxon Mobil Corp (XOM.N) one in a historic opening of the pre-salt play to foreign operators. Brazil awarded six of the …

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Shell bets big on Brazil as oil majors snap up offshore blocks Shell bets big on Brazil as oil majors snap up offshore blocks Reviewed by Crude Oil Facilitators on 20:38 Rating: 5

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