The oil and gas industry is beginning to show the first signs of recovery in Rio de Janeiro. Macaé, the star city of the Campos Basin, is trying to get back on its feet after the major crisis that hit the sector

About 180 km from the capital of Rio, about 2:30 in the northeast of the state, Macaé has earned the nickname of the National Oil Capital, and is a good example for a conversation about how the sector is currently doing. But before we comment on the 2018 scenario, we invite you to take a quick journey in order to show how this city grew from oil exploration.

Rise and Crisis in Macaé

In the year 1980 or 82, the large international companies began to arrive, causing a great “Boom” in oil production, the city ended up going through a process of restoration of growth, let’s say Chinese…. But in 2014/2015 came the Petrobras scandals, the price of a barrel of oil plummeted and Brazil was plunged into an economic crisis, making the national oil capital crash.

More than 40 jobs were lost in the oil sector in the last 4 years. There were no more businessmen from the sector interested in buying industrial land in the city, not even guests in the hotel sector, causing a cascade effect on the entire economy of the city, as many companies moved and the inhabitants who took their income here were forced to move of municipality.

Macaé is the favorite of the big oil companies

But in September of last year, lots in the Campos Basin were once again up for auction after 10 years, all areas offered were sold. Just by signing the contract for six maritime blocks, the Petrobras and the North American ExxonMobil paid more than 3 billion reais. And last Thursday, a new record, the fifteenth round of the Auctions collected more than eightI have billions of reais, highlighting, of course, Bacia de Campos, which borders the city of Macaé.
The scenario ended up becoming more attractive after regulatory changes, and the National Petroleum Agency forecasts three more auctions by the end of 2019.

The agency's expectation that companies invest more than 80 billion dollars in 300 maritime wells throughout Brazil, it is estimated that more than 10 billion recoverable barrels can collect more than 100 billion in oil royalties.

Types of companies that will be installed in Parque Bellavista

Returning to Macaé, the signs of recovery are slowly appearing: Parque Industrial BelLavista has also been walking slowly, it managed to sell only 1 plot of land in 2015 and another in 2016, but in 2017 with this other scenario of the Auctions, the situation started to get a little different, in fact 4 companies bought spaces. The companies that settled were food and hospitality at sea, valve maintenance, welding and treatment of industrial waste. In addition to these, many other companies are interested and demand is very good, a clear sign that the city will once again become strong in this modality! Watch the video of a report by Globo News