Petrobras opens bidding for large newbuild contract

Petroleo Brasileiro SA, Brazil's state-controlled oil company, opened bidding on more than $1 billion of contracts to build 26 oil tankers and other vessels as the company boosts its spending on domestic construction. The newbuilding contacts cover 10 Suezmax tankers, five Aframax tankers, four Panamax tankers, four product carriers and ...

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