chinese pair shell total join brazil to win oil auction
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
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Chinese pair, Shell, Total join Brazil to win oil auction

Egypt Today, egypt today

Egypt Today, egypt today Chinese pair, Shell, Total join Brazil to win oil auction

Arab Today

Chinese firms CNOOC and CNPC, Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras in a joint bid to win Monday's auction to develop the huge Libra oilfield. The four energy giants won 35-year concessions, with Petrobras taking a 40 percent stake. Shell and Total both earned a 20 percent stake, with CNOOC and CNPC securing 10 percent each.

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chinese pair shell total join brazil to win oil auction chinese pair shell total join brazil to win oil auction



 
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