PBR » Topics » Production - self-sufficiency maintenance

This excerpt taken from the PBR 6-K filed Jan 23, 2007.

Production – self-sufficiency maintenance

Seeking to maintain Brazil’s oil self-sufficiency, Petrobras has a portfolio that includes dozens of projects and will involve R$81 billion in investments in exploration and production through 2010. Learn more about the main projects below:

  • Marlim Leste Development (P-53): Installation of an FPSO-type platform vessel (P-53), capable of lifting 180,000 barrels per day, expected to go online in the first quarter of 2008. Campos Basin.

  • Marlim Sul Development (P-51): Installation of a semi-submersible-type platform (P-51), the first of the type built entirely in Brazil, with operations set to commence in the first quarter 2008 and capacity to produce 180,000 barrels. Campos Basin.

  • Roncador Module 1 Development (P-52): Installation, in the first quarter of 2007, of a semi-submersible- type platform (P-52) with capacity to produce 180,000 barrels per day. Campos Basin.

  • Roncador Module 2 Development (P-54): Use of a platform vessel (FPSO), called P-54, to be installed during the third quarter 2007 and capable of lifting 180,000 barrels per day. Campos Basin.

  • Piranema Field Development (SE): Installation of a floating platform to produce 30,000 barrels of high- quality light oil per day, in the second quarter 2007, in the Sergipe Basin.

  • Frade Field Development (RJ): Installation of a floating platform to produce 100,000 barrels per day in 2009.

  • Jubarte Field Development Phase 2 (ES): Installation of platform P-57, to be contracted, with capacity to produce 180,000 barrels per day and foreseen to go online in 2010.

  • Roncador Field Development Phase 2 (RJ): Installation of a floating platform, P-55, to be contracted, with capacity to produce 180,000 barrels per day and foreseen to go online in 2011.
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