Petrobras Hits Record Oil Output by Exceeding Platform Capacities Amid Global Supply Squeeze
Macro·1 article across 1 outlet
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Brazil’s national oil company is producing more than the designed capacities of offshore platforms deployed at Buzios and other deep-water fields, helping to push its output to a record high as the Iran war squeezes global supply.
This increase in production comes as Petrobras capitalizes on its mega platforms to enhance oil extraction, contributing to a significant rise in its overall output.
Petrobras
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“Brazil’s national oil company is producing more than the designed capacities of offshore platforms deployed at Buzios and other deep-water fields, helping to push its output to a record high as the Iran war squeezes global supply.”
Bloomberg — Petrobras Squeezes More Oil from Mega Platforms to Hit Record