The Real Winners of the Brazil Oil Boom

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The recent Libra field auctions show that Petrobras  and the Brazilian government are serious about trying to get this massive field into the development stages. It is estimated that Petrobras and its partners will spend $184 billion over the life of the project. This means one thing: Halliburton , Baker Hughes , and Seadrill are very happy companies.

Why these three in particular? Both Halliburton and Baker Hughes have large market shares in the region with multiple-year service contracts already in place. Baker Hughes operates more than 50% of the well stimulation vessels in the offshore market, and Halliburton's eight-year development contracts have plenty of upsell opportunities as new technology develops. To find out why Seadrill's massive rig construction has a lot to do with developments in the Libra field, tune into the video below with contributors Tyler Crowe and Aimee Duffy.

Investing in Brazil's oil boom the right way
The way Brazil wants to operate the offshore fields may make several investment opportunities unattractive. but one behind-the-scenes energy company could make monstrous profits. Its role in the energy space is growing ever more important by the day, and this potential has led our chief investment officer to label it "The Motley Fool's Top Stock for 2013." You can get the details and the name of this game changing company in out special report. Simply click here and we'll give you free access to this valuable investing resource.

The article The Real Winners of the Brazil Oil Boom originally appeared on

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter: @TMFDuffy and @TylerCroweFool, respectively.  The Motley Fool recommends Halliburton, Petroleo Brasileiro S.A. (ADR), and Seadrill. The Motley Fool owns shares of Seadrill. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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