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 May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

Star Clippers to Build Massive Square Rigger

Tall ship sailing specialist Star Clippers has announced that it has started building a fourth ship to add to its fleet of graceful square-riggers; its first new-build

Roxtec Sees Rise in Cruise Ship Repair Work

Manchester cable safety seal manufacturer Roxtec has reported increased demand for its cruise ship cable and pipe seals.   The firm has seen a 67 percent rise

Cruise-Container Hybrid Ship Makes Debut

Aranui 5, a cruise ship / container ship hybrid, will make its maiden voyage from Tahiti to the Marquesas Islands in the South Pacific Ocean at the end of November 2015.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators Sonar
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: 0.1099 sec (9 req/sec)