Rigzone.com: Latest News Headlines: IBP: Oil Companies In Brazil Running Out Of Exploration Areas

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

IBP: Oil Companies In Brazil Running Out Of Exploration Areas May 31st 2012, 00:00 Oil cos operating in Brazil are running out of areas to explore because the govt has delayed new concession auctions, which could cause cos to pull up stakes and scuttle the country's goal of becoming one of the world's top crude producers.

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