A first of its kind event focussing solely on the subsea and drilling industries in Brazil is set to take place in Rio de Janeiro in November.
Rio de Janeiro
Executives from Brazil’s biggest port said they want to “copy and paste” Dundee’s decommissioning success on a visit to the city this week.
Oil companies are expected to invest about 2.8 billion reais ($870 million) to complete minimum exploration work at concessions Brazil plans to auction in October, according to the country’s oil regulator. Signing bonuses for the offshore and onshore blocks should reach 979 million reais, Marcelo Castilho, the bidding superintendent at Brazil’s oil regulator, known as ANP, said Thursday at a seminar in Rio de Janeiro.