Brazilian state-owned company will focus its efforts in gas and oil exploration and production, said the company’s president Roberto Castello Branco.
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Pilot Hazza Al Mansoori has been picked to join a trip to the International Space Station, with engineer Sultan Al Neyadi as his backup.
The state-run oil company released its business plan for 2019-2023. The bulk of funds will go into exploration and production.
Brazil’s National Agency for Petroleum (ANP) has authorized nine more enterprises to bid for oil and gas exploration and production in previously tendered fields or blocs that were given up on by the winning bidders.
Egypt’s Minister of Petroleum, Tarek El-Molla, announced that his country will hold the first bid round for oil and gas exploration in the Red Sea before the end of the year.