BG Group to invest $10bn in Brazilian deepwater oil fields

BG Group is to invest $10bn (£6.26bn) in Brazil over the next decade as it seeks to accelerate the development of the country’s deepwater oil fields.
The company is aiming for an output of 400,000 barrels of oil a day by 2020, which would make it Brazil’s second biggest oil producer after the state-run energy giant Petrobras.
[Read more]
Source: The Telegraph

No comments:

Post a Comment

 
Paimo Blogs