Brazilian Oil Concession Goes Global

Brazilian Oil Concession Goes Global

Post on October 23, 2013, 3:00 pm by the-victoria-law-group 10 Comments

Amidst heavy security, Brazil’s vast oil reserves were divided up earlier this week, and it looks like a veritable U.N. of oil companies.  A consortium including Shell (U.S./Anglo-Dutch), Total (France), two Chinese firms and Brazil’s state-run petroleum company Petrobras won the right to develop an offshore field that could hold up to 12 billion barrels of oil.  Hey spread the wealth and the blame if things go wrong.  Brazilian Oil, brought to you by We Are the World.  Wot, no Russians!

Read  Bradley Brooks’ Miami Herald article here:

Presented by Miami International Business Attorney

Filed Under: Business in Brazil

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