Petrobras, the Brazilian oil giant, reported a strong third quarter with record refinery utilization, pre-salt oil processing, and gasoline production. The company’s investments in modernization and technology are driving these impressive results, while its international ventures continue to expand its reach.
Petrobras, Brazil’s oil and gas giant, is on the verge of a major breakthrough with its Tupi oil field. After years of negotiations, the company is close to resolving a tax dispute with Brazilian regulators, paving the way for significant redevelopment plans. This move promises to not only revitalize Brazil’s oil output but also solidify the country’s position as a major player in the global energy market.
Brazilian oil and gas giant Petrobras is set to significantly boost its offshore production efficiency with the implementation of a cutting-edge digital twin technology. This innovative solution, successfully tested on its Cidade de Anchieta and P-57 platforms, promises to enhance production by approximately 1%. The digital twin, dubbed Lift and Flow, replicates the entire oil production process, from the seabed to the surface, enabling real-time monitoring, optimization, and virtual incident prevention.
