Brazil Encounters Optimum Quality Oil

Brazil Encounters Optimum Quality Oil

Brazil’s state-owned oil company Petrobras has announced the discovery of a 208-meter reservoir containing high quality oil in the Buzios oilfield in the pre-salt region, according to Reuters

Petrobras also found a new well in the same region, but in the Albacora field. The reservoir is said to be 214 meters deep and contains the presence of light oil.

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