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Normale Ansicht

Brazil Oil Giant Petrobras Set to Delay Rig Deals for Major Field Amid Glut

24. November 2025 um 17:36
Brazil’s national oil company will likely delay awarding as many as four drilling contracts for its largest offshore field by at least a few months, according to people familiar with the matter — a move that comes as traders eye the country’s production closely amid an emerging global crude glut.

Vessels in the Buzios field off the coast of Rio de Janeiro, Brazil, on Oct. 24. Photographer: Dado Galdieri/Bloomberg
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