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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.
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