Brazil's federal energy company Petrobras is preparing to bid for natural gas exploration blocks in Egypt.
Offshore staff
(Egypt)- Brazil's federal energy company Petrobras is preparing to bid for natural gas exploration blocks in Egypt.
The company will make a written offer for offshore blocks by the end of March.
This planned bid is part of Petrobras' larger international expansion scheme. The company has been expanding exploration operations abroad for some time now, including in Africa. It recently won exploration rights in Turkey.