buzios in A Sentence

    1

    Firms will first submit offers for Buzios, the largest of the four areas, and will then bid on Itapu, the smallest.

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    2

    The four new platforms in the Santos basin are the P-67 and P-69 in the Lula oil field, and the P-75 and P-76 in the Buzios fields.

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    3

    Housed in the room, they enjoyed the breeze on the terrace sipping champagne and seeing the ship set sail on its way to Buzios, the first stop.

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    4

    The Brazilian state-run company said it was interested in the Buzios and Itapu areas, based on a 30% stake with a chance to increase the holding on the day of the auction, which is expected in October.

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    5

    Petrobras began declaring TOR fields commercially viable in 2013, starting with the Buzios field, and has been haggling over contract revisions with the government ever since, as oil prices swung sharply and studies showed larger reserves in the area.

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    6

    Petrobras and the government are still discussing how the auction winners will potentially partner with the state oil company, which is already producing at Buzios and has the right of first refusal to remain operator at the four fields.

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