Petrobras to Start Ops of New Support Platform in January

Brazil's federal energy company Petrobras (NYSE: PBR) plans to start operations in January of its first support and maintenance (SMU) platform, the company said in a statement.

The Cidade de Armacao de Buzios SMU is a semi-submersible platform built by US oil services company Etesco Millenium and leased for four years, Petrobras said.

The new SMU will provide support to operating platforms in the Garoupa, Pampo and Namorado deepwater fields in the Campos basin. Petrobras wants to increase the life of the Campos basin platforms and improve production and safety levels.

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