[Robert A Cook PE]

The company has tried such technology in more than two dozen countries, including in the United States, and shared its know-how with countries also looking at going deep. In the process, Petrobras has lowered its costs for finding new deposits.

And unlike state energy companies in Venezuela and Mexico, Petrobras is known as one of the best-run firms in the industry.

Hmmmmn.

You mean Venezuela AND Mexico AND Indonesian AND Nigeria have corrupt third-world socialist government-run oil companies?

Gee. Who would have thought.

[R W Reactionairy]

Nigeria and IIRC Indonesia let private oil companies operate. Nigeria has all kinds of problems with corruption and low grade warfare that are limiting production. Indonesia may just plain be over the hill, or maybe corruption is the limiting factor there also.

[neverdem]

thanks, bfl