AP Moeller Maersk A/S's Petroleum Unit and OGX Petroleo e Gas SA Receive Brazil Offshore Oil-Drill License-Reuters

Friday, 5 Oct 2012 09:18am EDT 

Reuters reported that AP Moeller Maersk A/S's petroleum unit together with Brazilian oil company OGX Petroleo e Gas SA (OGX) has received a license from the Brazilian environmental protection agency Ibama to drill in two offshore exploration areas in Brazil's Campos basin. OGX owns 70% of the concessions, which are adjacent to OGX's BM-C-41 block, home to Tubarao Azul and the Company owns 30%. OGX plans to drill six wells, three in each block. Three wells have already been drilled in BM-C-37. The three wells in BM-C-38 will be the first drilled in the block. 

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