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Petrobras announces new oil discovery off Brazil's Amapa state
Reuters reports Petrobras said the discovery was in ultra-deep waters of the Equatorial Margin, which it considers its most promising new oil frontier.
TLDR
Reuters reports that Petrobras said on October 2 it had discovered oil in ultra-deep waters off Brazil's Amapa state. The state-run company considers the region, known as the Equatorial Margin, its most promising new oil frontier.
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