World’s leading oil companies vie for a stake in vast oil fields located more than two kilometres beneath Atlantic Ocean.
Shell
China National Offshore Oil Corporation and China National Oil & Gas Exploration & Development eye 11 areas up for bidding.
Ultra-deepwater field 180 kilometres off Rio de Janeiro already producing up to 180,000 barrels per day.
Shell completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to Ireland’s DCC on New Year’s Eve.
