RIO DE JANEIRO – For the second time in a week, Brazilian state-controlled oil company Petrobras announced Tuesday the discovery of a substantial quantity of crude in deep Atlantic waters off the coast of Angola.

The discovery was made in a block that Petrobras is exploring in partnership with the Sonangol consortium, the Brazilian firm said in a press release.

Though Sonangol holds the concession for Block 18/06, Petrobras, with a 30 percent stake, is the operator.

The oil was found at a depth of 1,500 meters (4,918 ft.) at the Manganes-01 well, located about 200 kilometers (120 miles) from Luanda, Petrobras said.

Petrobras has operated since 1979 in Angola, where it is the operator of three exploratory blocks and is a partner in consortiums that are exploring another three blocks.

The company currently produces more than 2.5 million barrels per day from operations in Brazil, Argentina, Bolivia, Nigeria, Colombia, Peru, Venezuela, the United States, Ecuador and Angola.

Petrobras is an integrated energy company and a global leader in deepwater oil exploration and production.

Shares of Petrobras, Brazil’s largest corporation, trade on the Sao Paulo, New York, Madrid and Buenos Aires stock exchanges, but the Brazilian government retains control through a golden share. EFE