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BG starts Brazil field production
Blue chip BG Group has kicked off production at the Sapinhoá field in a block offshore Brazil, four and a half years after its discovery. The field is one of BG’s “big five” discoveries in the pre-salt Santos Basin. BG Group owns 30 per cent of the licence – Brazilian state-run energy behemoth Petrobras operates the Sapinhoá field with a 45 per cent stake – and said the oil produced from the field was of “high quality and medium density”.