Wednesday, July 27, 2022

BPCL unit's $1.6-billion investment in Brazilian oil block okayed

BPRL has a 40% participating interest in the Brazilian block- BM-SEAL-11 - which is expected to start production in 2026-27. With 60% participating interest, Petrobras, the national oil company of Brazil, is the operator of the block.

from Energy-Industry-Economic Times https://ift.tt/rhMClZy

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