Petrobras CEO regrets time spent without exploring Equatoria

Petrobras CEO regrets time spent without exploring Equatorial Margin

Petrobras' newly appointed CEO Magda Chambriard said this week that Brazil's state-run oil company 'lost 10 years' by not exploring an area known as the new 'pre-salt' and criticized the Brazilian Institute for the Environment and Renewable Natural Resources (Ibama) for the delay in authorizing oil explorations in the so-called Equatorial Margin, Agencia Brasil reported.

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