Brazil hits top of E&P prospect ranks

Brazil is the most popular country this year for new exploration, development, and production ventures, although the Middle East has become the most sought-after region. These are the findings of Robertson Research International Ltd., Llandudno, U.K., after its latest annual international new ventures survey, in which the firm polls E&P companies based outside North America. In the poll, now in its 13th year, Robertson asked companies about their levels of interest in E&P ventures in 146 countries. This year, 94 companies responded, which among them are expected to account for 70% of global oil company E&P spending this year. The rankings This year's top 10 countri...

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