First Oil From Brazil's Libra Area to Flow in 2017

The first oil from a long-duration output test in the giant Libra offshore area in Brazil will flow in the first quarter of 2017, Odebrecht Oil & Gas, which will operate the test platform with Teekay Offshore Partners LP, said on Tuesday.

Petroleo Brasileiro SA, or Petrobras, which is the field operator, said in June that the long-duration test would start in the second half of 2016.

Brazil's state-run Petrobras owns the rights to Libra along with France's Total SA (TTFNF), Royal Dutch Shell Plc (RYDAF) , and China's state-owned CNOOC Ltd and China National Petroleum Co.

(Reporting by Jeb Blount)