PETROBRAS LOGS STRING OF MILESTONES OFF BRAZIL

Petroleos Brasileiro SA continues to increase production and advance deepwater technology in the Campos basin off Brazil. Petrobras recently placed on stream the first of four wells in the pilot early production project for Bijupira and Salema oil fields in the Campos basin off Rio de Janeiro. Petrobras used new technology to lay a hybrid rigid/flexible pipeline to transport crude from the two fields that set a world record for deepwater pipelines and resulted in significant cost savings.

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