Petroleo Brasileiro SA- Petrobras (PBR) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Petrobras has announced the signing of contracts for P-84 and P-85 platforms, enhancing its production capacity in Brazil’s pre-salt Santos Basin, with both platforms set to contribute significantly to oil and gas output from 2029-2030. These highly efficient platforms are designed to reduce greenhouse gas emissions by 30% per barrel of oil equivalent, aligning with environmental efficiency objectives. The construction will involve shipyards from Brazil, China, and Singapore, emphasizing local content and technological advancements.
For further insights into PBR stock, check out TipRanks’ Stock Analysis page.
