Rigzone.com: Latest News Headlines: Exxon to Relinquish Block in Brazil's Santos Basin

Rigzone.com: Latest News Headlines The latest upstream oil and gas news from around the world.

Exxon to Relinquish Block in Brazil's Santos Basin Apr 27th 2012, 00:00 ExxonMobil said it is abandoning its only exploration effort in the Santos Basin, epicenter of Brazil's offshore oil boom, an area where it has obtained mixed results amid tough drilling conditions.

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