Petrobras Approves Contracts to Build 10 New Units

Tuesday, September 16, 2008

Petrobras said that it would contract to build 10 offshore oil production platforms in the coming eight years for a newly found pre-salt oil field.

The 10 new units, to operate in ultra-deep waters, will tap the pre-salt oil reserves discovered recently off the country's southeastern coast.

According to the company, the first two units will be chartered from third parties. Each will have a daily production capacity of 100,000 barrels of crude and 5 million cubic meters of natural gas.

The units will be installed between 2013 and 2014.

 Source:  ChinaNews

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