The most controversial blocks for exploration are located offshore at the mouth of the Amazon River basin. Petrobras, a government-controlled oil company, is pushing to begin preliminary drilling in search of new oil reserves.
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The oil firm to be
created from the merger of Brazil s 3R Petroleum and
Enauta wants to explore the Foz do Amazonas basin if
state-run firm Petrobras finds oil there, its future
CEO Decio Oddone.
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