London - British oil company BP said on Thursday it has discovered oil in an ultra-deepwater exploration site off the coast of Angola, and it expects the well to yield over 5 000 barrels a day.
The Tebe well was drilled in water almost two kilometres deep, and is the 19th oil discovery at the site, BP and Sociedade Nacional de Combustiveis de Angola (Sonangol) said in a statement.
BP owns 27% of the exploration site, which it also operates.
- Reuters