A new agreement between each country’s state-owned oil company aims to deepen cooperation in oil and gas exploration and development.
China National Offshore Oil Corporation
The five tanks each hold the equivalent of 72 Olympic swimming pools and stand higher than a 20-storey building.
Proposal evaluation process to be carried out by multisectoral team assisted by external consultant; results to be announced by 30 December.
Ultra-deepwater field 180 kilometres off Rio de Janeiro already producing up to 180,000 barrels per day.
