Brazilian Oil Production Down

Tuesday, October 23, 2007
According to an AP report, Brazil's domestic oil and natural gas output dipped in September due to problems with offshore drilling rigs in the Campos Basin, the state-run oil company Petrobras indicated recently. Combined oil and gas equivalent last month fell 2 percent from August and 1.1 percent compared to September 2006, Petroleo Brasileiro SA said in a statement. The combined production averaged 2,035,183 barrels a day last month, it said. The problems in the oil rigs in the Campos Basin near Rio de Janeiro, Brazil's richest oil-producing region, have been resolved, and production is expected to rise, Petrobras indicated without specifying what the problems were. Two new rigs in the Campos Basin, each with a capacity of 180,000 barrels a day, will come on line by year's end, the company stated. Another mobile rig off the coast of Espirito Santo state, north of Rio de Janeiro, is expected to produce up to 100,000 barrels a day. On April 21, Brazil started production on the huge P-50 rig, symbolizing the country's drive for oil self-sufficiency. Brazil consumes about 1.85 million barrels a day. But the country still imports light crude oil for refined products it needs, while it produces and exports mostly heavy crude oil. [Source: AP]
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

New London Cruise Terminal Gets Green Signal

London Mayor Boris Johnson gave final approval to build a new cruise terminal on the Thames River at Greenwich.   The terminal, to be located at Enderby Wharf,

Seven Seas Explorer Spaciously Intimate

The cruise ship being billed as "the most luxurious ship ever built" will also feature some of the largest cabins  and balconies afloat.   The suites on the Seven Seas Explorer,

French Cruise Company PONANT Signs GAC UK

PONANT Yacht Cruises & Expeditions has appointed GAC UK as its agent for all United Kingdom and Ireland port calls in 2016. PONANT’s 142m and 132 cabin megayachts

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 1.0592 sec (1 req/sec)