June 3 (Bloomberg) -- Petroleo Brasileiro SA, Brazil’s state-controlled oil company, said the Tiziu oil field in the Potiguar Basin can be developed commercially.
Tiziu is located in the BT-POT-8 block, according to a posting on the website of Brazil’s National Petroleum Agency, ANP. Petrobras, as the Rio de Janeiro-based company is known, owns 100 percent of the block.
To contact the reporter on this story: Laura Price in London at firstname.lastname@example.org
To contact the editor responsible for this story: Alan Purkiss at email@example.com