Petrobras president Magda Chambriard announced that the state-owned company intends to revitalize old oil and natural gas platforms in Brazilian shipyards, bringing new life to the national industry.
If there is a plan capable of rejuvenating the oil and gas industry in Brazil, this is it: Petrobras has decided to give its old oil and natural gas platforms a “makeover”. And, of course, the intention is not only to give them a shine, but to boost the national economy with a series of reforms in local shipyards. That's right, Magda Chambriard, the president of the state-owned company, made it clear that Brazil will be the main stage for these reforms that promise to stimulate the local industry, currently quite idle.
Petrobras wants to renovate platforms in Brazilian shipyards
During the closing of ROG.e — largest event in the oil and natural gas sector in Latin America — held in Rio de Janeiro, Magda Chambriard revealed the details of Petrobras' plan to revitalize old oil and natural gas platforms. The idea is to focus on the P-35, P-37 and P-47 models, all located in the Campos Basin, in addition to the possible inclusion of the P-19. These platforms, considered older, may undergo a major transformation, which aims to extend their useful life and increase well productivity.
Chambriard highlighted that the revitalization of the platforms will be carried out in national shipyards, such as those in Pernambuco, Rio de Janeiro and Rio Grande do Sul, sectors currently experiencing high idleness. The statement reinforces Petrobras' commitment to Brazilian industry, a demand that, according to the president, also comes directly from President Luiz Inácio Lula da Silva. “Brazilian industry, you can be sure that we will be on your side”, emphasized Magda.
- Petrobras launches tender for FPSO platforms to serve one of the largest oil regions in Brazil: Sergipe Deep Waters SEAP-I and SEAP-II
- Deadly collapse at Transpetro terminal: Discover the critical error that took the lives of two workers and left one injured in Angra dos Reis
- Vibrant Opportunities in the Natural Gas Market to 2025: Naturgy’s Views
- Petrobras announces that it will sell one of its oil fields, the first since the new president took over the state-owned company
Modernization and national economy in focus
Petrobras' focus on carrying out these reforms in Brazil has a twofold motivation: In addition to modernizing its oil and natural gas platforms, the state-owned company aims to generate demand for Brazilian shipyards, boosting the local economy. This move comes at a critical time, since, in recent years, most platforms have been manufactured abroad, thanks to lower costs and technological advances.
The revitalization of the P-35, P-37 and P-47 platforms, and possibly the P-19, is still under study, but if completed, it could represent a relief for the national shipbuilding industry. According to Magda, these units need upgrades to remain viable, as pre-salt has raised Petrobras' productivity and profitability standards.
Petrobras President recalls the sophistication of the most recent platforms
The president of Petrobras made a point of remembering that, with the sophistication of the most recent platforms, the cost of maintaining the older ones has become high. However, the decommissioning of these units can be avoided with reconditioning.We are faced with platforms so expensive and sophisticated that a 500 million barrel opportunity, which is useful and economical anywhere in the world, is becoming uneconomical in Brazil.”, said Chambriard, highlighting the need for adaptation to remain competitive.
Petrobras wants to give new life to its oil and natural gas platforms, using local shipyards as a base of operation. The initiative can not only extend the useful life of these structures, but also boost national industry and generate jobs, in a strategic move to strengthen the Brazilian economy.
The revitalization of these platforms by Petrobras could be the boost that the Brazilian shipbuilding industry so desperately needs. But will this modernization strategy be enough to face the economic and technological challenges of the sector? What do you think: is revitalization the right path or would it be better to invest in new platforms?
Brazil has to double its oil production to become rich