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Recent Brazil research
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UPDATE: BRAZIL: Petrobras’ subsalt role becomes clearer
The Brazilian government this week unveiled its long-awaited regulatory model for the country’s promising subsalt reserves in four bills that are awaiting congressional approval. We delved into many of the issues surrounding the government’s plans in our August report "Petrobras and subsalt in the political spotlight"; but the bills include additional points related to the capitalisation of Petrobras and the company’s role as the sole operator of all new subsalt blocks, which we...