The find was made after drilling an exploratory in the post salt layer in Sergipe Basin. The volume of oil recoverable is estimated at 15 million barrels.
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The operations should start in June and will connect Doha to São Paulo. The flights from Brazil will have a leg in Buenos Aires.
The Arab country has started the second phase of one of its main gas exploration projects, in Al-Jorf field. The operations are developed by Mabrouk, in the NOC group.
Brazil had revenues of US$ 484 million with sales to the Arabs in February, 45% more than in the same period in 2009. Sugar was mainly responsible. Export as a whole grew 27%.
British company BP has acquired the Devon Energy rights to explore areas in Campos Basin. The agreement, which also includes other areas for international exploration, cost US$ 7 billion.
Brazil should be theme of talk at Med Log, a conference in the logistics area to take place in Tangier, in April. The country was chosen as the focus of the meeting is food exports.
Production in the country should rise by 190,000 barrels a day this year, the largest growth among the countries that are not part of the OPEC. The forecast is by the organisation itself.
Ahead of Arab food restaurants in São Paulo, entrepreneurs show, on International Women’s Day, that they are successful due to talent and to the care with which they work.
The institution has had a new director for two months. Ahmad Serieh, born in Damascus, graduated in History and worked with archaeological excavations some years before coming to Brazil.
According to the IBGE, production rose 16% in January, as against the same month in 2009, and 1.1% over December, boosted by growth in foreign sales and in the domestic market.
Investment in construction in Brazil totalled US$ 328 billion in 2009, according to figures disclosed by ITCnet, a research company. Most of the funds – US$ 162 billion – went to industrial works.
Artisans from Rio Grande do Sul make accessories and costume jewellery out of fish leather, fishing nets and rubber residues. They are part of the Mar de Dentro Handicraft Project and Canoa Group.
This is the evaluation of Finance Minister Guido Mantega, who believes capital markets will have the greatest volume of business in the world in 2010. He warned, however, about exchange fluctuation.
The airline from Bahrain bets on regional aviation, a sector for which the Brazilian aircraft maker’s jets were developed. The aircraft to be used are the Embraer 170, for 67 passengers.
