Security forces in riot gear form a line in front of the hotel where Brazil's National Petroleum Agency auctions drilling rights to one of the world's largest offshore oil discoveries, in Rio de Janeiro on October 21, 2013 (AFP Photo/Christophe Simon)
Rio de Janeiro (AFP) - Chinese firms CNOOC and CNPC, Royal Dutch Shell and France's Total joined Brazilian state operator Petrobras in a joint bid to win Monday's auction to develop the huge Libra oilfield.
The four energy giants won 35-year concessions, with Petrobras taking a 40 percent stake. Shell and Total both earned a 20 percent stake, with CNOOC and CNPC securing 10 percent each.
- Royal Dutch Shell
- Petrobras
- CNPC
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