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Montevideo, April 23rd 2024 - 11:12 UTC

Tag: Carcara well

  • Tuesday, August 14th 2012 - 23:23 UTC

    Petrobras says it struck light oil in deep waters offshore Sao Paulo state

    Chief executive Maria das Graças Foster says Petrobras will invest 45bn dollars this year

    Brazil's state-managed energy giant Petrobras confirmed the presence of significant quantities of light oil in deep waters off the country's south-eastern coast. Petrobras said in a statement released late Monday that the high-grade oil was in the Carcara well, located 230 kilometres off the coast of the Sao Paulo state, in the BM-S-8 block.