Offshore Activity

Libra to have its first oil shipment in early January, says Petrobras

 

Petrobras predicts that the first shipment of oil produced in the Libra area in the Santos Basin pre-salt will take place in early January, said the company’s chief operating officer, Fernando Borges.

Libra, which started operations last week, is currently producing about 17,500 barrels of oil per day and is expected to reach an average volume of 40,000 barrels per day in approximately 50 or 60 days, the executive said in a conference call with reporters .

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