bp reports major discovery offshore of Brazil

Company says find is largest in 25 years

bp has announced a significant oil discovery at its 100%-owned Bumerangue block in Brazil’s Santos Basin, marking the company’s largest exploration success in a quarter century and reinforcing its upstream growth ambitions.

The 1-BP-13-SPS exploration well was drilled in 2,372 meters of water to a total depth of 5,855 meters.…

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