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

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

Serica Energy Agrees $194M Pharos Energy Acquisition

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Inpex Starts Construction of Indonesia's Abadi LNG Project

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

Floating Nuclear: A New Offshore Energy Frontier

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

Current News

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

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

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

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

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

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

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

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