Such operations had been postponed by Petrobras due to shipping restrictions because of the coronavirus
For September, Petrobras is confident in resuming the already scheduled shutdowns of its platforms. The state company also intends to resume other activities, such as interconnections of new wells and commissioning of new units. Such operations were delayed by the Covid-19 pandemic during the second quarter of this year.
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The company also stated that, despite the restrictions imposed on its operations due to the new coronavirus, it will keep its production target for this year of 2.7 million barrels of oil per day, with a variation of 2.5%.
Petrobras’ production in the second quarter of this year was affected by the Covid-19 pandemic and a decline in demand, totaling 2.8 million barrels of oil equivalent per day, a decrease of 3.7% compared to the first quarter.
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Oil sees sharp drop after rumors of a deal between the United States and Iran raise hopes for an end to the war in the Middle East.
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Brazil’s oil production soars and hits an all-time high for the second consecutive month, driven by the pre-salt and the advancement of energy sector giants.
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Oil price falls even with Trump’s threats to Iran and rising geopolitical tensions in the Middle East impacting global market expectations.
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China discovers more than 200 new oil and gas fields in the last five years
Petrobras qualifies four companies in the dispute for chartering rigs for the Mero field in the Santos Basin
Petrobras’ bidding for the chartering of rigs for the Mero field progresses to the second phase, with four companies remaining in the competition.
Petrobras announced the qualification of four companies for the second phase of the bidding for rigs for the Mero field in the pre-salt of the Santos Basin. They are: Constellation, Ocyan, Seadrill, and Vallaris, which submitted the best proposals in Phase I.

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