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Government of Rio wants more information about the cut in oil production announced by Petrobras

Written by Flavia Marinho
Published 08/04/2020 às 14:55
Government of Rio wants more information about the cut in oil production announced by Petrobras
Government of Rio wants more information about the cut in oil production announced by Petrobras

After the Brazilian state-owned Petrobras having announced on April 02, a cut of 200 thousand barrels per day in its oil production, the government of Rio de Janeiro sent the oil company a request with more details about the new measure. Petrobras did not say which fields it intends to stop production.

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The government's aim is to understand and assess the impact that the state box can suffer from the new measure adopted by the state-owned company due to the coronavirus pandemic and the drop in oil prices due to the crisis between Russia and Saudi Arabia.

“Since the oil industry is by nature a global industry, this obviously concerns us, as it jeopardizes the frank recovery process the state’s economy and finances have been going through in the last year,” said the secretary in a note released in the afternoon. from yesterday, April 07th.

According to information from the National Petroleum Agency (ANP) Petrobras operates the production of 2,2 million barrels per day of oil in the state of Rio de Janeiro, being the largest oil and gas producer in the country reaching a daily production of 2,28 million barrels

Sale of Petrobras assets in Rio de Janeiro

Petrobras put up for sale the Garoupa Complex, which includes the fields of Anequim, Bagre, Cherne, Congro, Corvina, Malhado, Namorado, Parati, Garoupa, Garoupinha and Viola, all located in Rio de Janeiro.

Together, the areas produced 19 thousand barrels per day from 42 wells connected to five fixed platforms (PGP-1, PCH-1, PCH-2, PNA-1, PNA-2) and a semi-submersible platform P-09, between July 2018 and July 2019.

Recently, Petrobras disposed of assets in the Campos Basin. In August last year, Cade approved the sale by Petrobras of control of 11 fields in shallow waters in the Campos Basin to Trident Energy. The conclusion of the operation was around US$ 1 billion.

In October, the state-owned company closed the sale of 100% of the Pargo, Carapeba and Vermelho fields, located in the shallow waters of the Campos Basin, to Perenco. The payment of approximately US$ 324 million to Petrobras was completed, in addition to the US$ 74 million paid upon signing the contracts.

by – epbr

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact flaviacamil@gmail.com for suggestions, job openings or advertising on our website. Do not send your resume, we are not hiring!

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