Petrobras willing to take on ‘economically unattractive’ frontier basins to unlock oil riches

Brazilian state-controlled company highlights importance of taking exploration risks to unlock riches

Challenge: Decio Oddone, chief of Brazil's oil regulator ANP, left, Petrobras executive manager for exploration, Mario Carminatti, and Flavio Rodrigues, head of government relations and regulatory affairs at Shell Brasil,
Challenge: Decio Oddone, chief of Brazil's oil regulator ANP, left, Petrobras executive manager for exploration, Mario Carminatti, and Flavio Rodrigues, head of government relations and regulatory affairs at Shell Brasil,Photo: REUTERS/SCANPIX
Published 3 December 2020, 16:22Updated 3 December 2020, 16:22