Petrobras begins suspending operations at 62 platforms

Petrobras expects a production cut of 23,000 b/d as it begins suspending operations at 62 platforms in shallow water fields in the Campos, Sergipe, Potiguar, and Ceará basins. The platforms—active in sales processes—were deemed uneconomic at current oil prices, the company said.

The action is part of initiatives announced Mar. 26 to cut 200,000 b/d (OGJ Online, Apr. 1, 2020).

Of the platforms, 80% are uninhabited. Employees on inhabited units will relocate to other Petrobras organizational units, the company said.