
Energy giant BP has announced its biggest oil and gas field discovery in 25 years after a drilling off the coast of Brazil.
The company’s vice president for oil production, Gordon Birrell, said it was a “significant discovery” and the largest since 1999, when a giant gasfield in the Caspian Sea was discovered. It is expected to contain a mix of gas and oil as well as condensate, which is a liquid form of natural gas.