Brazil's Petrobras Finds New Oil In Offshore Florim, Iara Fields

Reuters

RIO DE JANEIRO, March 7 (Reuters) - Brazil's state-run oil company, Petroleo Brasileiro SA, said on Friday that it had discovered new, good-quality oil deposits in the so-called sub-salt region.

The company, known as Petrobras, said the discovery was made in the Florim and Iara fields in the offshore Santos basin. Petrobras expects to continue exploration around the two wells until September.

(Reporting by Paulo Prada. Editing by Andre Grenon)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
GIS Database Administrator
Expertise: Geoscience Technician|Software Specialist
Location: Williamsburg, VA
 
Junior Level Environmental Scientist / Geologist / Engineer
Expertise: Environmental Engineer|Geologist
Location: Rocky Hill, CT
 
Geologist
Expertise: Geologist
Location: St. Louis, MO
 
search for more jobs

Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
Updated in last 24 hours