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President Lula Supports Technical Debate to Explore Equatorial Margin, Highlighting Job Creation and Energy Security at the Oil & Gas Summit in Fortaleza, 2025.
President Luiz Inácio Lula da Silva reiterated his support for the technical debate on the exploration of the Equatorial Margin during his participation in the Oil & Gas Summit in Fortaleza, 2025. In his opening speech, Lula highlighted the importance of discussing the issue in a detailed and scientific manner, emphasizing that the exploration of this region could bring significant benefits to the country, both in terms of job creation and energy security.
According to the event organizer, Lula’s support is crucial to attract investors and strengthen confidence in the potential of the Equatorial Margin. The exploration of the Equatorial Margin could revolutionize the energy sector in Brazil, added the organizer, emphasizing that a technical approach is essential to mitigate risks and maximize the benefits of this initiative.
Equatorial Margin: A New Horizon
There is growing attention in the market regarding this promising region. The identification of vast reserves in the Equatorial Margin opens a fertile field of opportunities for national development, raising job creation and income.
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In the current scenario, the international fair ‘Oil & Gas Summit’, scheduled to take place in Fortaleza in March 2025, emerges as a decisive event, bringing together professionals, authorities, and industry leaders to discuss the future of this emerging region.
Debate and Investment Forum
‘Beyond a simple debate forum, it will be a driver to turn the potential of the Equatorial Margin into reality, stimulating investment and innovation in a vital sector for the country’s advancement’, highlighted Carlos Logulo, responsible for the organization. The Equatorial Margin is, without a doubt, a petroleum frontier of great relevance to Brazil.
With a stretch of approximately 2,200 km along the coast between Amapá and Rio Grande do Norte, its reserves are estimated at 16 billion barrels of oil, according to the National Agency of Petroleum, Natural Gas and Biofuels (ANP). This positions it as one of the most significant oil fields yet to be explored.
National and International Interest
‘The market has high expectations regarding the potential of the Equatorial Margin. Several companies, both national and international, have already expressed interest in investing in the area’, Logulo stated. A sustainable approach is crucial for this new frontier of oil exploration.
President Lula emphasized the need to align oil exploration in the Equatorial Margin with strict environmental standards to ensure responsibility and sustainability in the process.
Respect for Environmental Standards
Petrobras, for example, has committed to employing best practices in its operations, aiming to minimize environmental impacts and protect the region’s rich biodiversity. The exploration of the Equatorial Margin offers numerous advantages for Brazil, such as the potential for energy self-sufficiency, reducing dependence on imports, and strengthening national energy security.
The creation of thousands of direct and indirect jobs is also a significant factor, energizing the local and regional economy. ‘The increase in income will be a logical consequence since exploration generates royalties and taxes that can be allocated to essential areas such as education, health, and infrastructure‘, Logulo explained.
Essential Infrastructure
The oil activity also drives the development of essential infrastructures such as ports, airports, roads, and other vital structures for regional growth. The ‘Oil & Gas Summit’ will take place from March 19 to 21, 2025, at the Ceará Events Center in Fortaleza.
The event will feature renowned specialists, government authorities, and industry leaders who will share their insights and experiences on the Equatorial Margin, promoting investment, innovation, and building a promising future for this region.
An Event of Great Impact
The ‘Oil & Gas Summit’ will be essential to bring together the key stakeholders in the sector, discussing sustainable development strategies for the Equatorial Margin.
Source: © ivina@capuchino.com.br
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