Posts
REUTERS/
Fitch Ratings says that Petrobras may face lower debt ratings by borrowing some $400 billion to finance development costs for the offshore subsalt fields.
Petrobras plans to almost double oil production by 2020 by developing deep-sea subsalt fields off Brasil's coast that may hold some 50 billion barrels of oil.
Showing posts with label sub-salt. Show all posts
Showing posts with label sub-salt. Show all posts
15 October 2009
10 September 2009
$65 Oil Pays For Brasil's Sub-Salt Plan.
REUTERS.
Petrobras executive Jose Sergio Gabrielli says that the company could pay for planned investments in the pre-salt fields for the next five years without additional capital IF the price of oil stayed around $65 a barrel.
Petrobras executive Jose Sergio Gabrielli says that the company could pay for planned investments in the pre-salt fields for the next five years without additional capital IF the price of oil stayed around $65 a barrel.
Subscribe to:
Posts (Atom)