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    Home » Brazil’s Petrobras plans to drill up to eight oil wells in 2020: executive

    Brazil’s Petrobras plans to drill up to eight oil wells in 2020: executive

    November 25, 2019
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    Brazil's Petrobras plans to drill up to eight oil wells in 2020: executive
    FILE PHOTO: Roberto Castello Branco, CEO, Petrobras     (Photo: Reuters/Sergio Moraes)

    Rio De Janeiro — Brazilian state-run oil firm Petroleo Brasileiro SA plans to drill up to 8 oil wells in 2020, mostly in the pre-salt area, its Exploration & Production director, Carlos Alberto de Oliveira, said on Monday.

    Petrobras, as the company is known, is expected to disclose details in a meeting with investors later this year, after releasing its business plans for the next five years.

    – Reuters
    Also Read: Kazakhstan asks Russia to join plans to boost gas exports to China

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