Tag: PSA system

• Sunday, July 14th 2013 - 23:48 UTC

  Brazil’s Libra deepwater oilfield expected to yield a million bpd

  

  The Libra deepwater oil field that Brazil plans to auction off Oct 21 will yield minimum output of 1 million barrels of crude per day, the National Petroleum Agency, ANP, said on Friday. That production would be equivalent to half of Brazil's current output of 2 million bpd.