Petrobras Declares Commercial Viability at Four Offshore Concessions

Thursday, December 30, 2021

Brazilian state-run oil company Petrobras has declared four offshore concessions in the states of Alagoas and Sergipe commercially viable in presentations to the nation's oil regulator, it said in securities filing on Thursday.

The company has proposed installing two major oil platforms known as FPSOs in the region, said the firm, formally known as Petroleo Brasileiro SA.


(Reporting by Gram Slattery; Editing by Chris Reese)

Categories: Energy Deepwater Activity FPSO Production South America Floating Production

Related Stories

Dolphin Drilling Nears Deal for North Sea Harsh-Environment Rig

Transocean Boosts Backlog with $1B Drilling Rig Contract Awards

Offshore CCS Moves to Reality with Agogo FPSO Pilot

Current News

Northern Lights Adds Third CO2 Carrier to Expand CCS Network

European Consortium Targets Marine Noise from Offshore Wind Projects

RWE Installs First Recyclable-Blade Turbine at Danish Offshore Wind Farm

Eni, NOC Find Gas in Offshore Libya Exploration Well

Subscribe for OE Digital E‑News