Petrobras has cut by a third the number of production units it plans to put into operation in Brazil by 2020 as part of a new strategic plan that aims to reset its business on a fresh, more sustainable footing.
The reshuffling of production unit schedules is part of the newly announced business plan that includes investments of $130.3 billion from 2015 to 2019, a massive $90 billion below the previous version of the plan running through 2018.
Petrobras
