Petrobras to Start Production at P-79 Oil Platform in Q2 2026

Friday, January 2, 2026

Brazilian state-run oil firm Petrobras expects to start production at its P-79 oil platform in the Santos Basin in the second quarter, director for engineering, technology and innovation Renata Baruzzi told Reuters on Friday.

  • Petrobras had previously projected the start of production at the P-79 platform for August this year.

  • The platform will have capacity to produce 180,000 barrels of oil per day (bpd).

  • It will be the eighth in the Buzios oil field, which is the largest in Brazil in terms of output.

  • Petrobras also expects to contract platforms for its deep-water project Sergipe in April, Baruzzi said.

  • It has sent a counteroffer to SBM Offshore for the commissioning of floating production vessels, and is now waiting for an answer to sign the contract, she said.

(Reuters)

Categories: Industry News Activity Production Offshore Oil & gas Offshore Platforms Oil Production

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