Tag: PETR3

PETR3
Thursday, September 22nd 2011 - 08:27 UTC

Petrobras confirms ultra-deep water Sergipe-Alagoas oil and gas province

The Barra discovery is located in 2,313 meters of water and over 5.000 metres deep

Brazilian major oil corporation Petrobras has discovered oil and natural gas accumulations in the ultra-deepwater of the Sergipe-Alagoas Basin offshore northeast Brazil.

Tuesday, May 3rd 2011 - 17:08 UTC

Petrobras earmarks 73 billion USD for investment in Santos pre-salt basin

Partners in the pre-salt development include British Gas, Repsol-YPF and Galp Energia

Petrobras announced the increased investment plans for the emerging Santos basin pre-salt assets, earmarking 73 billion US dollars for the 2011-2015 period. The vast sum is a 63% increase compared with the company’s 2010-2014 plan said a company statement.

Saturday, May 8th 2010 - 06:33 UTC

Petrobras Sets Monthly Record Oil Production in April: 2.033 Million bpd

Several platforms installed over the last 18 months helped boost output

Brazilian government managed oil and gas corporation Petrobras (SAO:PETR3) set a monthly record for oil production in April with 2.033 million barrels per day topping the previous record of 2.004 million bpd from September 2009, the company said Friday.

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