France's Total plans to invest USD 1 bln annually in Brazil
French oil major Total plans to USD 1 billion annually in Brazilian oil projects over a period of several years, reports Reuters.
BY LOUISE VOGDRUP SCHMIDT, SHIPPINGWATCH
Total is prepared to spend USD 1 billion annually in Brazil, according to a statement from the oil major's Brazilian subsidiary Total E&P do Brasil's CEO Maxime Rabilloud, reports Reuters.
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