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Petrobras and ExxonMobil Strike Oil in Campos

Petrobras (NYSE: PBR) on Friday reported a new discovery in the pre-salt Campos Basin offshore Brazil. Located in the CM-411 block, Well 1-BRSA-1377-RJS – also called Urissanê – sits approximately 124 miles (200 kilometers) off the coast of Rio de Janeiro state at a water depth of 9,678 feet (2,950 meters), Petrobras noted in a written statement. Petrobras and ExxonMobil Exploraҫão Brasil Ltda. (NYSE: XOM) each own a 50-percent interest in the Petrobras-operated block. Petrobras pointed out that well data from Urissanê, which encountered oil in the pre-salt section, will undergo analysis to better target exploratory activities in the area and assess the discovery’s potential. The company did not identify which rig drilled the well.

Global Fibre Reinforced Polymer Pole Market 2020 Industry Future Growth, Key Player Analysis and Forecast 2025

Global Fibre Reinforced Polymer Pole Market 2020 Industry Future Growth, Key Player Analysis and Forecast 2025
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BHP and Vale restart production at Samarco iron ore mine in Brazil five years after flood disaster that left 19 dead

BHP and Vale to restart production at Samarco iron ore mine in Brazil five years after flood disaster that left 19 dead Camilla Canocchi for Thisismoney.co.uk © Provided by This Is Money MailOnline logo BHP and Vale have resumed production at a Brazilian iron ore mine mine five years after an accident that killed 19 people. BHP, the world s biggest miner, said their joint venture Samarco had met licensing requirements to restart operations and production of iron ore pellets.  Independent tests have been carried out on Samarco s preparations for a safe restart of operations. Samarco expects initially to produce approximately eight million tonnes of iron ore pellets per annum, BHP said in a statement today.

BHP and Vale to restart production at Samarco

BHP and Vale have resumed production at a Brazilian iron ore mine mine five years after an accident that killed 19 people. BHP, the world s biggest miner, said their joint venture Samarco had met licensing requirements to restart operations and production of iron ore pellets.  Independent tests have been carried out on Samarco s preparations for a safe restart of operations. Samarco expects initially to produce approximately eight million tonnes of iron ore pellets per annum, BHP said in a statement today. The collapse of a dam used to store liquid mining waste at Samarco in November 2015 saw millions of tons of toxic mud and water spewed over the surrounding landscape (Pictured: Samarco s iron ore waste dam in 2017, two years after the disaster)

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