Tag: oil drilling

Petrobras tenders

Brazil's state-owned Petroleo Brasileiro, or Petrobras, is expected to announce the result of tenders for the construction of two new oil drilling platforms by the end of next week, a company spokeswoman has said.

BP Amoco invests in Caspian Sea

BP Amoco and its partners will spend billions of dollars on the construction of two huge natural gas and oil-drilling projects in the Caspian Sea.