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LatinNews Daily - 16 October 2019
In brief: Brazil’s Petrobras to acquire two FPSO platforms
* Brazil’s state-owned oil company Petrobras has reported that it has signed letters of intent with Japanse company Modec and Malaysian company Yinson for the chartering of two floating production storage and offloading (FPSO) platforms which will operate 150km off the Brazilian coast in the Campos basin, as part of the production revitalisation programme in the 'Marlim' and 'Voador' oil fields. The two FPSO platforms will have a combined production capacity of 150,000 barrels of oil per day (bpd) and 11m cubic metres of natural gas per day.
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