marine link image

Petrobras Starts Production in GOM

December 2, 2014

State-run Brazilian oil company Petrobras said on Tuesday it had started oil and natural gas production at its ultra-deep field in the U.S. Gulf, 280 miles (450 km) off the coast of Louisiana.

Petroleo Brasileiro SA as the company is officially called said the Jack/St. Malo production platform has can handle 170,000 barrels of oil a day and 1.2 million cubic meters of natural gas, rates that could be increased in the future.

The St. Malo hydrocarbon field is located along a geological formation known as the Walker Ridge in the Gulf of Mexico. The deposit sits 8,077 meters (26,500 feet) from the surface under 2,100 meters of water.

(Reporting by Reese Ewing; Editing by Peter Galloway, Reuters)

Logistics News

Democratic Republic of Congo Copper Exports Fall 15%, Cobalt Rebounds

Democratic Republic of Congo Copper Exports Fall 15%, Cobalt Rebounds

New Pedestrian and Cycle Bridge Transported to Stockholm by Sea

New Pedestrian and Cycle Bridge Transported to Stockholm by Sea

BIMCO: Global Seaborne Crude Shipments Drop 16% Since Start of the Iran War

BIMCO: Global Seaborne Crude Shipments Drop 16% Since Start of the Iran War

Carga Releases Upgrade to Cargo Management Platform

Carga Releases Upgrade to Cargo Management Platform

Subscribe for Maritime Logistics Professional E‑News

Cuba's top destinations are deserted and without fuel or power due to US sanctions
The US power and natgas price turn negative in Texas, California and other states due to mild weather
Gulf Airlines slowly recovers as Iran Conflict drags