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Brazil Discovers Huge Offshore Oil Field

Find could make country major exporter but will be expensive to drill

By Sam Gale Rosen,  Newser Staff

Posted Nov 9, 2007 10:05 AM CST

(Newser) – A huge offshore oil field found off the coast of Rio de Janeiro has the potential to make Brazil one of the world's top oil exporters, the AP reports. The Tupi field could hold 8 billion barrels, but it's very deep and will be difficult...   Read full story »

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