Operators in Brazil relinquish prime pre-salt acreage following dismal results

Petrobras, Shell, ExxonMobil, Chevron and Repsol have all returned exploration blocks

ExxonMobil chief executive Darren Woods.
ExxonMobil chief executive Darren Woods.Photo: REUTERS/SCANPIX
Published 6 February 2024, 14:54Updated 6 February 2024, 14:54