BEIJING - China Petrochemical Corporation (Sinopec), one of China's oil giants, announced Monday that the group has prospected an oilfield in Brazil with an oil output of 5,000 barrels per day (bpd) and natural gas output of 810,000 cubic meters.  

The well site called Pao de Acucar lies in the BM-C-33 oilfield zone in Campos Basin, Brazil. The well was drilled from August 8, 2011, to January 10, 2012, and subsequent testing finished on February 18, 2012.

The prospecting work was operated by Sinopec and Repsol, a Spanish oil giant.