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Brazil deep-water can be as profitable as shale - Total CEO

 


ISTANBUL
Petroleumworld 07 12
2017

Brazil's deep-water fields can be as profitable as shale gas, the chief executive officer of French oil company Total SA said on Tuesday.

Patrick Pouyanne, who was speaking at an oil conference in Turkey, also said that by 2020 there will be a supply shortage of oil.



Reporting by Karolin Schaps; Editing by David Dolan from Reuters.

reuters.com
07 11 2017

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