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Petrobras' Buzios Oil Field Reaches Record Production Milestone
ZACKS· 2025-08-21 18:55
Key Takeaways Petrobras' Buzios oil field topped 900,000 barrels per day, setting a new production milestone.New wells and added platforms have driven output growth and improved efficiency at Buzios.Petrobras plans further expansion with the P-78 unit, aiming to make Buzios Brazil's top field.Petrobras S.A. (PBR) , a Brazilian state-owned energy giant, noted that the Búzios oil field, situated in the prolific Santos Basin, offshore Brazil, has surpassed previous records and reached a new production mileston ...
Petrobras Enhances FPSO Safety With Exail's Quadrans AHRS Tech
ZACKS· 2025-07-01 15:16
Core Insights - Petrobras has awarded a contract to Exail for the installation of 30 Quadrans Attitude and Heading Reference Systems (AHRS) on its Floating Production, Storage and Offloading (FPSO) units, enhancing safety and operational efficiency in offshore production [1][9] - The Quadrans AHRS provides high accuracy with a heading accuracy of 0.23° seclat RMS, crucial for real-time decision-making and stability monitoring during complex offshore operations [3][9] - The collaboration with Exail and Mitang reflects Petrobras' commitment to leveraging advanced technology to maintain Brazil's leadership in offshore energy production [5] Technology and Operational Efficiency - The Quadrans units are designed to be robust and maintenance-free, ensuring consistent performance in demanding marine environments and minimizing downtime during power cycles or disruptions [2] - Local technical support from Exail in Brazil ensures seamless integration of the AHRS system, aligning with Petrobras' high operational standards [4][9] Strategic Importance - This initiative is part of Petrobras' broader strategy to enhance offshore capabilities and drive innovation while maintaining high safety and efficiency standards [5] - The deployment of precision navigation tools like Quadrans AHRS is expected to play a vital role in the success of Petrobras' expanding operations in challenging marine environments [5]