Mauricio Coentro News

Reuters – Brazil 's state-run oil company Petroleo Brasileiro SA could face new production stoppages on platforms in the Campos Basin if it does not resolve lingering safety issues, the Folha de S. Paulo newspaper reported on Sunday. The company, best known as Petrobras, has improved safety standards in its offshore fields in the last two years but needs to improve "a lot"," a federal labor-law prosecutor, Mauricio Coentro, told the newspaper. If continuing problems are not resolved, platform shutdowns may be necessary, he added.

Brazil's state-run oil company Petroleo Brasileiro SA could face new production stoppages on platforms in the Campos Basin if it does not resolve lingering safety issues, the Folha de S. Paulo newspaper reported on Sunday. The company, best known as Petrobras, has improved safety standards in its offshore fields in the last two years but needs to improve "a lot"," a federal labor-law prosecutor, Mauricio Coentro, told the newspaper. If continuing problems are not resolved, platform shutdowns may be necessary, he added. The paper said there have been eight accidents since November in the Campos Basin, located east and northeast of Rio de Janeiro, where Brazil gets 80 percent of its 2.11 million barrels per day of oil output.