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Norwegian PBR Contractor Plans Brazil IPO

Dec 15, 2011

Seabras Servicos de Petroleo, a Brazilian unit of Norway’s Seadrill, has filed with local regulators to issue an IPO. The owner of 3 drillships with long-term Petrobras contracts...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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