Petrobras expects Parque das Conchas project to produce 100,000 bpd

Nov 19, 2008 01:00 AM

Brazil's federal energy company Petrobras expects its Parque das Conchas offshore project in the Campos basin to start operations in 2009 at a rate of 100,000 bpd oil.
"It's one of our major projects for next year," company E&P general manager José Jorge de Moraes Junior said in Rio de Janeiro on the sidelines of the 12th Brazilian Energy Congress.

Parque das Conchas is in an area formerly known as BC-10 and previously was scheduled to begin operations in 2010. Anglo-Dutch oil company Shell operates Parque das Conchas with a 50 % stake. Petrobras holds 35 % and Indian group ONGC the remaining 15 %.
Meanwhile, output at the Frade field, operated by US oil major Chevron, is due to start in 2009, according to Moraes. Petrobras has a 30 % stake in Frade.

Chevron previously has said Frade could reach 85,000bpd in 2011.
Production from foreign oil companies will reach 400,000 bpd in Brazil by 2012, Moraes said.

Alexander's Commentary

Change of face - change of phase

In the period of July 20 till August 3, 2015, Alexander will be out of the office and the site will not or only irreg

read more ...
« February 2020 »
February
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29

Register to announce Your Event

View All Events