Brazil’s Oil Giant To Boost Production At Deepwater Field

Brazil’s state-held oil firm Petrobras launched on Friday a tender for three new Floating Production Storage and Offloading (FPSOs) units for one of the largest deepwater oilfields in the world, Búzios, as part of a development plan to have the field pump more than 2 million barrels of oil equivalent per day (boed). The tender for the three new FPSOs is part of Petrobras’ plan to have a total of twelve units installed at the Búzios oilfield by the end of this decade, the Brazilian oil firm said in a statement…