Brazil’s state-run oil company has reopened the bidding of its legacy oilfield clusters, according to Reuters sources. The reopening announcement coincides with the higher price of oil, which would make such an offering significantly more attractive and once again commercially viable. Petroleo Brasileiro SA, or Petrobras, has reopened the bidding on the Golfinho offshore oilfield cluster. The cluster is located in the Espirito Santo basin, 60km offshore Brazil in 1,300-1,460 meters of water. Reserves have been estimated at 450mbbl. Petrobras…
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