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Free AccessBrazil's Petrobras Q3 Production Rises 8%
Brazil’s Petrobras said Monday its combined crude and natural gas output in the third quarter reached 3.98mn barrels of oil equivalent per day.
- Petrobras said that was almost 8% higher than production during the previous three quarters.
- The higher production came from a ramp-up at two offshore platforms in the Santos Basin and two more in the Campos Basin. There were also reduced platform maintenance stoppage periods.
- More detailed figures will be released by Petrobras October 26 as well as field output guidance November 9.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.