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Setting a new course

Journal Article · · Hart's E&P
OSTI ID:20082167
Venezuela and Brazil promise enormous rewards for international oil and gas companies that help them realize their production goals--but risk partially offsets the potential rewards, and neither nation is giving anything away. Oil and gas companies are trying to squeeze every concession they can get from these countries. And the countries are trying to give away as little as possible while still reaching their goals. As usual in these situations, the middle ground doesn't make either side extremely happy, but both have agreements they can live with. Economics and politics are discussed. The paper also describes Brazilian potential, Venezuelan investment, licensing in Brazil, Venezuelan activity and Brazil blocks.
OSTI ID:
20082167
Journal Information:
Hart's E&P, Journal Name: Hart's E&P Journal Issue: 11 Vol. 72; ISSN 1527-8322
Country of Publication:
United States
Language:
English

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