Brazil Denies Petrobras Key Exploration Drilling Permit

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Brazil’s environmental regulator has rejected a permit by state oil firm Petrobras to drill in the offshore Foz do Amazonas Basin, a major setback for the company in its push to explore new deepwater frontiers.

Topics:
Policy and Regulation, Upstream Licensing, Upstream Projects, Offshore Oil and Gas, Deepwater, Exploration, Corporate Strategy , NOCs
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