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Forgotten State May Surpass São Paulo and Become the Richest in Brazil After This Discovery

Written by Alisson Ficher
Published on 13/06/2025 at 21:34
Petróleo na costa do Amapá pode tornar o estado mais rico do Brasil e mudar tudo: veja o que está por trás dessa corrida bilionária.
Petróleo na costa do Amapá pode tornar o estado mais rico do Brasil e mudar tudo: veja o que está por trás dessa corrida bilionária.
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With Pre-Salt at Risk of Decline, a New Frontier off the Coast of Amapá Could Reverse Brazil’s Energy Future and Dramatically Alter the National Economic Map, Placing a Little-Remembered State at the Top of National Wealth.

The geophysicist and science communicator Sérgio Sacani stated that the coast of Amapá, in the so-called Equatorial Margin, surprises by revealing reserves with potential more than twice that of the pre-salt — about 5.6 billion barrels of oil.

This discovery puts Amapá on a possible path to leave São Paulo behind and emerge as a new national economic hub.

Decline of Pre-Salt from 2027 Could Change Economic Leadership

Sacani warns that pre-salt production, the current pillar of Brazil’s oil industry, is expected to enter a decline by 2027.

Projections from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) reinforce this scenario.

Without new exploration fronts, Brazilian offshore production is likely to decline.

The general director of ANP, Rodolfo Saboia, has already warned of the risk of a decrease in energy self-sufficiency.

Petrobras and the federal government also acknowledge the possibility of the country returning to oil imports by the 2030s.

Equatorial Margin Is the New Frontier of Brazilian Oil

Sacani highlights that the Equatorial Margin — a strip from the coast of Amapá to Rio Grande do Norte — currently represents the main emerging exploratory frontier in the country.

In addition to the significant volume, the oil from this region has high quality, with light characteristics that reduce refining costs and accelerate return on investment.

Estimates indicate that, at September 2024 prices, the value of the reserves could reach R$ 2.4 trillion.

Petrobras plans to invest US$ 3.1 billion in the Equatorial Margin by 2028.

Obstacles to Advancing Oil Exploration in Amapá

Despite the potential, three major challenges lie ahead:

Environmental Licensing: the overlap of the area with fragile ecosystems, such as the mouth of the Amazon River, causes impasses between Ibama and Petrobras.

Limited Infrastructure: there is a lack of platforms, ports, and logistics for transportation in the region.

Maturation Time: even with immediate drilling, the interval until the start of commercial production could be 7 to 10 years, according to the Energy Research Company (EPE).

Economic Benefits of the Equatorial Margin for Brazil

If explored responsibly, oil from Amapá could:

Increase Local Revenue: royalties and ICMS boost state revenue.

Avoid Costly Imports: Brazil maintains self-sufficiency and reduces inflationary pressure.

Reinforce Energy Sovereignty: the country continues to be a significant and independent exporter.

Environmental Sustainability in Oil Exploration

Sacani advocates that exploration be carried out with responsibility and transparency.

The Equatorial Margin possesses unique biodiversity and traditional communities.

Proposals include the use of environmental sensors, mitigation plans, and support for social projects.

Petrobras and the government have created working groups to expedite licensing without neglecting the environment.

What Pre-Salt Teaches About Strategic Exploration

Since 2006, pre-salt has transformed the national energy matrix and now represents over 70% of Brazilian oil production.

However, this dependence creates vulnerabilities to market fluctuations and the natural depletion of reserves.

The new frontier of the Equatorial Margin could avoid past mistakes and diversify production.

Race for Investments in the Equatorial Oil Frontier

According to Petrobras’s strategic plan, from 2023 to 2027, US$ 2.8 billion will be invested in the Equatorial Margin.

Sixteen exploratory drillings are planned in the region, representing 49% of the company’s offshore investments.

This move aims to avoid a production gap and consolidate Brazil as an energy powerhouse by 2040.

The discovery of the Equatorial Margin could not only save energy self-sufficiency but also radically transform the economy of Amapá — potentially making it the richest state in Brazil, even surpassing São Paulo.

Do you believe that Amapá truly has the conditions to surpass São Paulo as the national economic leader through the power of oil?

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Alisson Ficher

A journalist who graduated in 2017 and has been active in the field since 2015, with six years of experience in print magazines, stints at free-to-air TV channels, and over 12,000 online publications. A specialist in politics, employment, economics, courses, and other topics, he is also the editor of the CPG portal. Professional registration: 0087134/SP. If you have any questions, wish to report an error, or suggest a story idea related to the topics covered on the website, please contact via email: alisson.hficher@outlook.com. We do not accept résumés!

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