Petrobras gains backing for new wave of FPSO investment

Brazilian operator gets approval to proceed with multi-billion-dollar third phase of development at Santos pre-salt area

Precursor: Petrobras is looking to install further floaters at its Buzios field in Santos basin off Brazil — Precursor: Petrobras is looking to install further floaters at its Buzios field in Santos basin off BrazilPhoto: PETROBRAS

Fabio Palmigiani

Rio de Janeiro

Brazil Petrobras Americas South America

Published 10 April 2019, 18:44Updated 10 April 2019, 18:59