RIO DE JANEIRO – Petrobras has adopted further measures in response to the contraction of demand for oil and oil-related products.
From today the company will reduce its oil production by 200,000 b/d, a volume that includes the cut the company announced last Thursday.
As to the fields where reduction will take place, Petrobras will assess the market and operational conditions and will continue to evaluation the duration of the constraint, as well as potential increases or decreases.
It is also adjusting oil processing in its refineries, in line with lower oil products demand.
Other measures include a temporary change of shift work and on-call shift to administrative work for around 3,200 employees; and a temporary reduction in working hours, from eight hours to six, for around 21,000 personnel.