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Petrobras, ONGC strike gas in Brazil

Petrobras, ONGC strike gas in Brazil
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Brazil´s state-run oil company Petroleo Brasileiro SA (Petrobras) discovered natural gas in a well being drilled to help measure the potential of a giant Brazilian offshore find. Petrobras owns 75 per cent and its Indian partner Oil and Natural Gas Corp Ltd (ONGC) 25 per cent of the discovery. The discovery was made in an extension well being used to evaluate the Poco Verde prospect in the BM-SEAL-4 block.

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