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Petrobras plans to start operations of 4 new platforms between October and December

7/19/18

Petrobras plans to start production of four new platforms between October and December this year, Hugo Repsold, executive director of Development of Production and Technology, told reporters at an event in Rio de Janeiro.

In the first half of the year, the company started operations on the Campos de Goytacazes platforms in the Tartaruga Verde field in the Campos Basin and P-74 in the Búzios field in the Santos Basin.

The next four platforms that will be in production will be P-67 and P-69, in the Lula field, and P-75 and P-76, in the Búzios field, all in the Santos Basin pre-salt.

Repsold reiterated that a last platform planned for the year, the P-68, of the field of Berbigão, will be for 2019.

The executive explained that the large number of new platforms concentrated this year occurred due to the backlog of projects in the past. But he stressed that the company is now on a recovery path.

“I would say that today Petrobras is very synchronized with all events and we are moving towards sustained production growth in the coming years,” said Repsold. According to him, the June production drop was punctual, due to the maintenance in some units. The entry of the new platforms will boost the company’s production. However, the executive chose not to make forecasts for volumes in 2019, as the review of the company’s business plan is still underway. The publication of the review may take place in the third quarter.

The revised company’s business plan, according to Repsold, should consider re-contracting its own platforms that would go  into operation from 2023 onwards.

“This is on our radar, of course … It is strategic for us to have our own units and we will consider it again, but we will decide what is best for Petrobras, without dogmas,” Repsold said, without going into details.

Source: DCI

Categories: Uncategorized

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