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Petrobras and Shell Lead Way in Brazil’s Pre-Salt Auction

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By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – Representatives from the oil industry’s heavyweights were in Rio de Janeiro on Friday, October 27th, as Brazil held its much-anticipated auction of eight blocks in the highly sought-after pre-salt region. In the end, six of the eight blocks were auctioned, which, according to the National […]

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