Brazil’s Petrobras says that a second well in an offshore Santos Basin block confirms the presence of light oil.
Petrobras says the well found another reserve of light oil near the previously announced Carioca discovery. The discovery came in the ultra-deep waters almost 200 miles off the coast of Sao Paulo state.
The find was made [...]

Brazil’s Petrobras continues its recent string of oil discoveries. A test well in the prolific offshore Santos Basin confirmed the presence of light oil.
Unlike other recent offshore discoveries that lie in very deep water, this one is in the relatively shallow waters in the southern part of the basin and may not be as difficult [...]