BRIEF-Petrobras invested more than $20 bln in 2015, CEO says

martes 16 de febrero de 2016 10:59 GYT

RIO DE JANEIRO, Feb 16 (Reuters) -

* Petroleo Brasileiro SA, or Petrobras, invested more than $20 billion in capital spending projects in 2015, Chief Executive Officer Aldemir Bendine told reporters in Santos, Brazil on Tuesday.

* Lower oil price have brought "tough times" to Petrobras, Bendine said.

* The company "knows the road" it must take to cut costs enough to produce oil and gas in deep-water fields with Brent crude oil at $30 a barrel, the company's exploration and production chief Solange Guedes said. Further company coverage: