LogIn LogOut

Petrobras 2018 Production Shy of Target

January 16, 2019

(Photo: Petrobras)
(Photo: Petrobras)

Petroleo Brasileiro produced an average of 2.03 million barrels per day (bpd) in Brazil last year, the oil company said in a statement on Tuesday, just below the company's target of 2.1 million bpd.

Petrobras' total production of oil and natural gas was 2.63 million barrels of oil equivalent per day (boe/d), with 101,000 boe/d produced abroad, it said. The company had targeted 2.7 million boe/d.

In its statement, Petrobras said it expected to produce 2.8 million boe/d in 2019.

(Reporting by Luciano Costa; editing by Chris Reese)



Current News

ONGC Inks Deal with ExxonMobil for Deepwater Exploration in India

ONGC Inks Deal with ExxonMobil for Deepwater Exploration in India

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

Magseis Fairfield Firms Up SE Asia OBN Survey Deal

Magseis Fairfield Firms Up SE Asia OBN Survey Deal

FEED Contract Awarded for Ulsan Gray Whale 3 Floating Wind Farm in S. Korea

FEED Contract Awarded for Ulsan Gray Whale 3 Floating Wind Farm in S. Korea

PTTEP Restarts Zawtika Gas Flows to Thailand After Pipeline Fixed

PTTEP Restarts Zawtika Gas Flows to Thailand After Pipeline Fixed

Dayang Pens Deal with Shell for Dayang Cempaka Vessel

Dayang Pens Deal with Shell for Dayang Cempaka Vessel

US Says India Hid Russian Origin of Fuel Shipped to US

US Says India Hid Russian Origin of Fuel Shipped to US
photo

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