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Brazil sells off 40 percent of Libra oilfield to...

2013-10-22 20 Dailymotion

Brazil has sold the production rights to the largest ever oil discovery following an auction at a beachfront hotel in Rio.<br /><br />The Brazilian state-run oil company Petroleo Brasilerio claimed 40 percent of the Libra oilfield with France's Total and Anglo Royal Dutch Shell taking 20 percent each. <br /><br />China's National Petroleum Corp and China's CNOOC picked up 10 percent each.<br /><br />...<br />http://www.euronews.net/

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