The Oil and Gas arm of the Brazilian company found oil off the coast of Angola, in Africa. The discovery took place at the Chissonga-1 well, at a depth of 4,725 metres.
Author: From the Newsroom
Brazilian shipments in the sector grew only to those two regions in the first half of the year. Four Arab countries ranked among the 10 leading destinations for the product during the period.
The two countries were tied in third in a survey on confidence of small and medium businessmen on the future of their economies. The survey was conducted by the HSBC bank among 12 emerging nations.
Funds shipped by expatriates to their home countries should total US$ 290 billion this year, as against US$ 305 billion in 2008. The reduction is a result of the crisis, according to the World Bank.
The Ministry of Health and the hospital are going to provide training on organ transplant to professionals. The aim is to train doctors from 16 states where few surgeries of the type are done.
Foreign sales by the sector grew 12% in June over the same month of last year, driven mainly by sales of soy, sugar and alcohol, and tobacco and its products.
The professionals, who work in strategic positions abroad, visited poultry, swine and bovine slaughterhouses, and fruit and grain production premises in various Brazilian states.
The Brazilian bank loaned US$ 21.5 billion in the first half of the year, growth of 11% compared with the same period of last year. Approvals and consultations were also record highs.
A study shows that out of total investment in the continent, only 13% comes from African countries. Egypt, Morocco, South Africa and Nigeria are among those that invest the most in the region.
This Friday (10th), Ilsa Brasil will inaugurate a factory in the municipality of Portão, state of Rio Grande do Sul, to make nitrogenated fertilizer from residue of the tanning and shoe industries.
The Brazilian state-owned manufacturer made 96 deliveries by the end of June this year, being 56 in the second quarter. A business jet was delivered in Abu Dhabi during the period.
The number of orchards in the Alto Uruguai grain-producing region, in the state of Rio Grande do Sul, is on the rise. Fruit production is proving viable for local small properties.
The Federation of Industries of the State of Pernambuco has established an Oil, Gas, Offshore and Naval division. The aim is to prepare companies for supplying goods and services in the field.
The Institute of Arab Culture is going to present for the methodology for conducting studies and research on the immigration process, focusing mainly on the Arabs.

