Brazil pre-salt 'viable at $45 oil'

Petrobras has fired back amid questions about the viability of its pre-salt projects amid a steep drop in global oil prices, saying the economics for key fields are sound despite the declines.

Brazil pre-salt: Geological hotspot seeing increased competitiveness amid falling oil prices
Brazil pre-salt: Geological hotspot seeing increased competitiveness amid falling oil prices
Published 7 January 2015, 18:26Updated 17 October 2016, 13:17