Petrobras Resumes Jubarte Production at P-34 Platform

After heavy rain delayed final inspections yesterday, Brazilian energy giant Petrobras has recommenced production operations at its P-34 platform, located offshore Brazil at the Jubarte oil field. The platform was shut-in after a fatal accident claimed the life of one worker and injured two others Sunday, Jan. 4. Production was initially set to resume on Wednesday.

Situated off the coast of Espirito Santo in the Campos Basin, the Jubarte field produces as much as 40,000 barrels of oil per day. The field's reserves have been estimated to contain more than 50 billion barrels of crude. The Juscelino Kubitschek FPSO, or P-34 platform, is a converted oil tanker that began producing from Jubarte's subsalt layer -- the first platform to do so -- in September 2008.