Petrobras' January Output Slips on Maintenance, Sale

Posted by Joseph Keefe
Wednesday, February 21, 2018
Petroleo Brasileiro S.A. produced 2.1 million barrels of oil per day (bpd) in January, 1 percent below December's levels, due to maintenance and an asset sale, Brazil's state-run oil company said on Wednesday.
Petrobras, as the company is known, said the fall was due to maintenance on the Capixaba floating production storage and offloading (FPSO) unit in the Campos basin's Parque das Baleias, and the sale of a 35 percent stake in the Lapa field in Block BM-S-9A in the Santos offshore basin to France's Total .

Petrobras produced 2.7 million barrels of oil equivalent per day in January, the company added.

Reporting by Alexandra Alper 

Categories: Contracts Energy Finance Mergers & Acquisitions Offshore Energy

Related Stories

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Oil Eases After Topping $100, Still Set for Weekly Rise

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Current News

China's CNOOC Posts Record First-Half Profit

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com