The oil basins off the coast of Brazil are among the best prospects in the world, German energy company Wintershall said after the latest auction. The Brazilian government offered nearly 50 licenses in the latest round of auctions for rights to drill offshore. Wintershall will serve as the operator at four of the license areas and has a participating role in three others. Thilo Wieland, a Wintershall board member in charge of South America, said Tuesday the geology offshore Brazil holds great promise. “The coast of Brazil is considered one of the most promising oil regions in the world,” he said in a statement. “The blocks show huge potential.” The auction raised more than $2.4 billion for the 22 […]