BG Group to invest $10bn in Brazilian deepwater oil fields

BG Group is to invest $10bn (£6.26bn) in Brazil over the next decade as it seeks to accelerate the development of the country’s deepwater oil fields.
The company is aiming for an output of 400,000 barrels of oil a day by 2020, which would make it Brazil’s second biggest oil producer after the state-run energy giant Petrobras.
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Source: The Telegraph