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'Preliminary estimates indicate in-place resources of approximately 5 trillion cubic feet of gas and 300 million barrels of condensate in the encountered interval'.
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'The Moho G discovery, together with the discovery previously made on the nearby Moho F structure, represents recoverable resources estimated at close to 100 million barrels'.
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'Petrobras' operations in block C-M-477, in the Campos Basin, are aligned with the company's strategy to replenish oil and gas reserves through activities in frontier exploratory areas, in partnership with other companies'.
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Eni announced a 'significant' gas and condensate discovery offshore Egypt.
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The Gulf country's Energy and Minerals Ministry opened bidding applications for five new oil and gas concession areas.
