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Internationals win big in last Brazil oil auction before elections

iStock.com/luoman

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados, Demarest Advogados and Tauil & Chequer Advogados in association with Mayer Brown have advised some of the winning bidders in Brazil’s latest pre-salt auction, the latest in a new era in which Petrobras ceases to be the sole operator of pre-salt oil exploration and production in Brazil.