CNOOC Announces 35-Year Production Sharing Contract to Develop Libra Field in Brazil

By: Benzinga
CNOOC Limited (NYSE: CEO ) announced that the Company, as part of a consortium comprised of Petrobras, Shell, Total and CNPC, has been awarded a 35-year production sharing contract to develop the Libra pre-salt oil discovery in the Santos Basin, offshore Brazil. The Company holds 10% percent in the
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