Petrobras Idles Six Platforms in Campos Basin Due to Coronavirus

Brazil’s state-run oil company Petroleo Brasileiro SA said in a letter to the workers union on Thursday that it will idle six oil and gas platforms in five fields of the Campos basin due to the coronavirus epidemic.

The company said the idling was aimed at reducing costs in the middle of the crisis hitting the oil industry, the letter seen by Reuters said.

Continue reading

Leave a comment

Blog at WordPress.com.

Up ↑