Petrobras Nears Commercial Declaration for Aram Offshore Discovery

(Credit: Petrobras)

Brazil's state-run oil firm Petrobras will soon declare the commercial viability of a still-unnamed new discovery at the offshore Aram block in Santos basin, Chief Executive Magda Chambriard said on Monday.

The CEO had said last week the firm hoped to have two producing wells at the block by 2030.

(Reuters - Reporting by Fabio Teixeira; Editing by Chris Reese)

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