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Non-Tech : The Brazil Board

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From: elmatador	9/27/2019 2:02:48 AM
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“Increasing the number of operators will create a more economically resilient Pre-Salt oil and gas sector because it wouldn’t be linked to the financial performance of just one company, which in case of financial difficulties could be forced to postpone projects,” Alessandro Bacci, GlobalData oil and gas analyst, said in a written statement emailed to Rigzone. “The financial position of Petrobras has opened up additional opportunities, and there is an interesting alignment between the ANP’s and the IOCs’ goals.” The previous leftist government wanted a signle monopoly in the oil & gas sectors. That was bad for Brazil. Brazil Woos More Upstream Operators rigzone.com

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