Atlantic Ocean offshore fields

  • Shell CEO: Petrobras Should Cede Stakes to Foreign Firms

    Shell CEO: Petrobras Should Cede Stakes to Foreign Firms

    Monday, 22nd February 2016
    Brazil's state-run oil giant Petrobras should cede some of its drilling rights to foreign companies, the Royal Dutch Shell CEO, Ben van Beurden, said. The Brazilian government was reported to be considering these changes in an effort to take some debt pressure off Petrobras.