Petrobras | Egypt Oil & Gas - Part 5

Petrobras’ Production Decreases in Q2

Brazil’s state-run oil company, Petrobras, has published its Q2 2020 results, indicating a slow down in production compared to Q1 2020.

Petrobras Sells Remaining Stake in Pipeline Company 

Brazil’s state-owned oil company Petrobras has agreed to sell its remaining 10% stake in natural gas pipeline company TAG.

Brazil Achieves Record Crude Oil Exports to Asia

Brazil has increased crude exports to Asia in the first half of the year as many oil-producing nations cut production to match record low demand.

Buzios Oilfield Achieves Record Production 

Brazil’s Petrobras announced on July 14 that the company’s four platforms in the Buzios oilfield located in the Santos Basin yielded a record daily production.

Norway Resumes Investment in Brazil’s Petrobras 

Norway re-permits the country’s largest pension fund, KLP, to invest in Brazil’s state-run Petrobras once more.

Brazil’s Buzios Field Achieves New Daily Production Record

Brazil’s state-run Petrobras has confirmed that deepwater Buzios oilfield’s platforms P-74, P-75, P-76, and P-77 have yielded an all-time record production.

Brazil’s Total Oil Production Decreases by 0.5% in April

Brazil’s oil production remained steady in April, only decreasing 0.5% in comparison to March’s output figures despite reduced global oil demand.

Brazil’s Petrobras Begins Long-Term Testing in Albacora Field

Brazil’s state-run oil company, Petrobras, has embarked on long-term testing in the Forno area within the Campos Basin field.

Brazil Encounters Optimum Quality Oil

Brazil’s State owned oil company Petrobras has announced the discovery of a 208-meter reservoir containing high quality oil in the Buzios oilfield.

Brazil Hits Record Oil, Gas Output in June

Brazil's oil and natural gas production increased to its highest-ever level of 3.21mb/d in June, a rise of 7.1% compared to a year earlier.

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