Petrobras Declares Commercial Viability at Four Offshore Concessions

Published

© Luan / Adobe Stock
© Luan / Adobe Stock

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)

Current News

Occidental Petroleum Acquires 10% Stake in Exxon Block Offshore Trinidad

Occidental Petroleum Acquires

Strategic Marine Delivers More Supa Swath CTVs to Mainprize Offshore

Strategic Marine Delivers More

ABL Gets Onboard Australia’s Largest Offshore Decom Campaign

ABL Gets Onboard Australia’s L

Reach Subsea, Beacon Offshore Form Australian Subsea Partnership

Reach Subsea, Beacon Offshore

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine