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4 More Platforms Will Be Operational By October This Year Says Petrobras. The State-Owned Company Is Now in the Recovery Phase.
In the recovery phase due to project delays last year, Petrobras is expected to bring four new platforms (Petrobras Platforms) into operation and full production. The idea is to start production of these platforms between October and December this year, according to Hugo Repsold (executive director of Production Development and Technology).
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Lula and Búzios Fields
Work on the platforms Cidade de Campos dos Goytacazes, in the Tartaruga Verde field in the Campos Basin, and P-74, in the Búzios field in the Santos Basin, began in the first six months. It is expected that now, in the second half, operations will begin in the following units located in the Santos Basin: P-67 and P-69, in the Lula field, and P-75 and P-76, in the Búzios field. There is also one more that is expected to start in 2019, P-68.
Recovery Trajectory
Hugo Repsold explains that the reason the new units (platforms) were delayed in starting operations this year was a reflection of project delays in 2018. Taking advantage of a good recovery phase, the director also commented, “I would say that today Petrobras is very synchronized with all events and we are moving towards a sustained production growth in the coming years.”
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Business Plan
Without providing further details, Repsold commented that the state-owned company intends to have and use its own units starting in 2023. As a strategic decision, Petrobras will determine what is best for the company. Explaining a drop in production in the sixth month of this year, Repsold said the occurrence was isolated. Growth will occur with the release of new units, and production will inevitably be boosted. In the third quarter of this year, there will be a review of the company’s business plan aimed precisely at the utilization of its own platforms, which will be published at the appropriate time, Repsold recalls.
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