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Petrobras Reiterates Commitment to the Growth of the Oil Industry and the Energy Transition, Advocating Exploration in New Frontiers and Actions for Net Zero.
During the conclusion of the ROG.e event, Petrobras confirmed its commitment to the growth of the industry of oil and gas, as well as the advancement of the energy transition. Magda Chambriard, the company’s president, highlighted the importance of exploring new frontiers to ensure the sustainability and competitiveness of the sector in the global market. She emphasized that these initiatives are vital to maintain Petrobras’ leadership in the energy industry.
Magda also reinforced the company’s intention to implement concrete actions to achieve the net zero goal by 2050. The exploration of new frontiers and the development of more efficient technologies are essential to reach this target. In addition, Petrobras will continue to invest in oil and gas projects, ensuring the economic and environmental viability of its operations. This commitment reflects a vision for the future that balances growth with environmental responsibility. The president stressed that these measures are vital to ensure an energy transition that is harmonious and effective.
Oil Exploration in New Frontiers in Highlight
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Suape Port is receiving R$ 15.8 billion to become the largest green hydrogen hub in Latin America — and a partnership with China promises an additional R$ 8 billion.
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Petrobras robots dove nearly 3,000 meters deep and 201 km off the coast of Rio de Janeiro confirmed what geologists suspected — there is more oil hidden in the pre-salt of Campos.
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Monterrey is erecting a 484-meter tower that will dethrone all the skyscrapers in Latin America — it has already surpassed the 52nd floor and there are 170 meters left to the top…
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At 625 meters above the ground and with a span of 1,420 meters between mountains, China inaugurated the highest bridge in the world — and the 2-hour journey now takes 2 minutes.
On Thursday (26), it was emphasized that the company and Brazil need to continue the exploration of new frontiers and replenish reserves for the development of the sector, bringing benefits to the market and society as a whole. The executive also highlighted that the country is at the forefront of the energy transition due to its highly renewable matrix. ‘We understand the importance of this energy, especially oil, for the economy and for the country.
Commitment to the Energy Transition
We need to expand our exploration areas without conflicting with the energy transition. This expansion is also a source to ensure jobs and income for Brazil’. Chambriard emphasized the company’s commitment to net zero, mentioning that this goal can be achieved earlier than expected. ‘Our oil has the lowest carbon footprint in the world, something that no other country can offer, with ethanol, gasoline, and shipping bunker fuels so renewable. We reaffirm our net zero commitment by 2050, which I believe will be advanced’. The president of IBP, Roberto Ardenghy, concluded the ROG.e edition, highlighting the exchange of knowledge and the meetings between large companies and suppliers that help strengthen the oil, gas, and energy industry.
ROG.e Achieved Significant Milestones
These four days were a successful journey, full of answers and learning’. This year’s edition of ROG.e set participation records, with 76,000 attendees, 6,000 congressmen, over 600 hours of content, 630 companies represented, and 778 technical papers presented. Accessibility was also a highlight, with the Free Kit, Libras in 100% of the content, breastfeeding support room, adapted seating, and exclusive elevators. At the closing ceremony, the Leopoldo Aurélio Miguez de Mello Prize was awarded to Carlos Mastrangelo, offshore operations director of Brava Energia, in recognition of his excellence in the oil and gas sector over 40 years.
Recognized Technical Papers
In addition, the outstanding technical papers in each of the seven axes were awarded: Axis 1 – Upstream: ‘Modeling of Relative Permeability of Heterogeneous Carbonate Rocks from the Laboratory to the Field: A Case from Pre-Salt’ for José Cavalcante, from Petrobras; Axis 2 – Midstream/Downstream: ‘Continuous Adjustment of the Burning Condition of Gases in Industrial Flares Supported by Artificial Intelligence’, for Marcelo Cardoso (Petrobras); Axis 3 – Natural Gas: ‘Conflict Resolution in the Gas Sector’, for Marcello Lobo (Pinheiro Neto Advogados); Axis 4 – Low Carbon Solutions: ‘The Journey of the H2R Project for More Sustainable Drilling Ships with Onboard Hydrogen Production’, for Cristiano Henrique Brito (Ocyan).
Focus on the Recovery of Mature Fields
Axis 5 – People, Culture, and Society: ‘Social Technologies for Conflict Mediation and Collaborative Construction for Territorial Development’, for Karen Joyce Aragão (Transpetro); Axis 6 – Financing the Transition: ‘Carbon Market: Economic Theory, International Practice, and Expectations for Brazil’, for Lucas Antoun (Eneva); and Axis 7 – Digital Transformation and Innovation: ‘Process Safety Management in Oil and Gas Operating Units through Digital Twin Platform: A Digital Approach for Safety Control and Process Intervention’, for Janaina Albino (Vidyatec). Oil production in Brazil can increase in the coming years by focusing on the recovery of mature fields and exploration of adjacent offshore areas, as highlighted by Brava Energia’s CEO, Décio Oddone, who participated in the Strategic Talks. ‘The cheapest oil is the already discovered. Brazil has a huge opportunity to raise production in mature onshore fields.
Opportunities in the Exploration of Adjacent Areas
The recovery fraction here is well below the global average, and this is a great opportunity’, he said. For Oddone, exploring adjacent areas would also be an efficient alternative to increase oil production in the country, especially considering a decline in pre-salt towards the end of the next decade. ‘When you have production assets, it’s easier to explore the surrounding areas. However, we need to advance in regulatory issues that allow third parties access to the facilities, among other measures’, he added.
Focus on the Development of Biofuels
The development of biofuels in the energy evolution process of the industry was highlighted in a panel on Thursday. Petrobras’ BioRefining program was presented by Maíza Pimenta Goulart, executive manager of Cenpes, as a successful initiative, with an investment of US$ 1.5 billion in the production of more sustainable fuels for high-emission sectors such as road transportation for heavy vehicles, aviation, and maritime. ‘The development of new technologies and biofuels at Cenpes, the largest research center in Latin America, results from more than 9,000 researchers dedicated to low carbon products’, stated the executive.
Petrobras Investments in R&D
In 2023, Petrobras invested R$ 145 million in partnership with universities and research centers, as well as R$ 522 million in R&D activities for low carbon products. Highlights include the industrial scale tests of Green Ethylene, a stream of Light Hydrocarbons from Refinery (HLR) rich in ethylene, with renewable content, in partnership with Braskem. This project developed a potential renewable feedstock for the chemical industry. Another highlight was the first operation of FCC with 100% renewable feed at the Riograndense Bio-refinery, using technology from Cenpes/Petrobras.
Three Phases of the Riograndense Bio-refinery
‘Our project materializes the concept of energy transition: in the first phase (until 2025), with the production of sustainable chemicals (bio-GLP, light oil, clarified oil, bio-BTX); in the second phase (until 2028), with advanced biofuels (SAF – sustainable aviation fuel; renewable diesel and green naphtha); and in the third phase (potential for the future), with synthetic biofuels (e-SAF and e-methanol)’, detailed Felipe Jorge, superintendent director of Riograndense. ‘Oil provided us with the scientific and technological capability to reach this stage of evolution’, stated the full professor of Unicamp, Gonçalo Pereira, moderator of the panel.
Bio-refinery Projects in Bahia and Minas Gerais
Luiz Mendonça, CEO of Acelen, highlighted bio-refinery projects in Bahia and Minas Gerais, producing biofuels from the macaúba, a native plant with high energy value (96%). ‘It is not enough to be renewable. It must be competitive’, said the executive. Acelen’s bio-refining project includes an investment of over R$ 12 billion, aiming to plant macaúba on 180,000 hectares and produce 1 billion liters of renewable diesel and sustainable aviation kerosene per year.
Commitment to Diversity and Inclusion
Petrobras aims to have, by 2030, 25% of its leadership positions occupied by women and black individuals. This statement was made by Thais Pessanha, Diversity, Equity and Inclusion Manager, during the panel ‘Transforming the Work Environment – The Impact of Inclusive Leadership’, held at the DE&I Forum. Thaís shared her journey as a person with a disability and explained three essential points for exercising inclusive leadership: study, so that active listening becomes a tool for change; act, to transform realities through example; and expand, to increase the reach of your work.
Initiatives in Education and Training
Petrobras conducts outreach in schools and universities, informing about its opportunities. Currently, the internship and young apprentice programs include reserved spots. ‘How can new technologies, such as artificial intelligence, be explored for professional training?’ ‘We face rapid changes. We need to align training with the strategic plan. It is crucial to understand how technology can enhance business,’ replied Robson Leite, general manager of Petrobras University, in the panel ‘Human Resources Training in the Energy Sector’.
Collaborative Works for Professional Training
Breno Medeiros, executive vice president of ABESpetro, highlighted the effort to improve human capital training to meet the diverse demands of the market. ‘We conducted a survey to diagnose the needs of the industry, in partnership with IBP and ANP’, he stated. Raphael Neves Moura, superintendent of Technology and Environment at ANP, emphasized that ANP assists in managing investments in R&D, around R$ 4 billion annually, and stimulates professional training. ‘We have a program to feed academia with researchers and promote entrepreneurship. We collaborate with companies to design trends and human resources models to face future challenges’.
Sponsorships and Participation in ROG.e 2024
ROG.e 2024 counts on sponsorship from various companies, such as Petrobras, Shell, TotalEnergies, Equinor, Galp, Origem, Brava, Petronas, Prio, bp, Chevron, ExxonMobil, Modec, Repsol Sinopec Brasil, SBM Offshore, Acelen, Eletrobras, Excelerate Energy, Ipiranga, Pan American Energy, Vibra, Dell, Nvidia, Naturgy, TechnipFMC, TBG, Trident Energy, ABB, Construtora Elevação, Compass, Foresea, Huawei, Karoon Energy, OceanPact, Perbras, Subsea7, TAG, Transpetro, Vallourec, Renave, as well as participation from the Federal Government.
Source: Bruno Postiga
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