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Brazil: Eight oil giants sign up to compete for licenses

Eight multinational oil companies, including some of the world's largest, have registered for a contest in which Brazil will offer rights to exploit oil and natural gas in the gigantic pre-salt reserves in very deep waters of the Atlantic Ocean off the Brazilian coast.

The list of the first eight companies registered and already approved for the so-called Permanent Production Sharing Offer, through which licenses are offered to exploit and exploit deposits in partnership with . . .

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