(Reuters) – Brazilian state-run oil company Petrobras said on Tuesday that 2020 production should exceed previously disclosed estimates, as the firm ramps up production at some of its most prolific offshore fields.
Petroleo Brasileiro SA, as the firm is formally known, said it expects to produce roughly 2.84 million barrels of oil equivalent per day (boepd) this year, up from its previous estimate of 2.7 million boepd.
