Petrobras production unit shut down due to irregularities

An oil production unit supporting the operations of Petrobras has been paralyzed since September 19 due to regulatory issues.

The nature of the irregularities remains unclear. However, the operator (Modec) said the stoppage resulted from Operation Black Gold, a joint operation between a range of authorities, including the Brazilian federal police and labor and environmental regulators. The unit, which assists with production and storage of offshore oil, is located in Brazil’s Santos Basin. According to ANP, it was responsible for a relatively small 8,347 bpd in July.