Petrobras reacts to labor strike

Petrobras has reacted to the labor strike in the Campos basin by activating a contingency plan to "ensure the operational continuity of the company, the safety of its operations, and the supply of the market."

Offshore staff

RIO DE JANEIRO -- Petrobras has reacted to the labor strike in the Campos basin by activating a contingency plan to "ensure the operational continuity of the company, the safety of its operations, and the supply of the market."

According to the company, only two production platforms (out of 38) in the Campos basin are completely idle. All drilling platforms are working normally. Up to noon on July 14, output was down by 136,000 b/d (about 7% of Brazilian output), with no impact on fuel supplies to the consumer.

On July 12, the Rio de Janeiro Regional Labor Court issued an injunction in favor of Petrobras, determining that the installations could not be occupied, that the striking employees should disembark, and that those wishing to work should be free to access the installations, the company says.

07/14/2008

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