As oil majors eye Brazil’s deepwater, smaller firms seize opportunity
As global oil firms make
ever-bigger bets on Brazil’s massive deepwater fields in its
‘subsalt’ area, a swarm of small and mid-sized companies has
sprung up to specialize in lower-profile fields that still
produce over a third of the country’s crude.
ever-bigger bets on Brazil’s massive deepwater fields in its
‘subsalt’ area, a swarm of small and mid-sized companies has
sprung up to specialize in lower-profile fields that still
produce over a third of the country’s crude.
Posted by Reuters