Petrobras Investments in Espírito Santo May Exceed 15 Billion Reais by 2023

Written by Renato Oliveira

Published on 30/07/2019 at 15:45

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Petrobras Considers The State A Key Player As It Produces Oil In All Areas: Onshore, Shallow And Deep Waters, And Offshore (Post-Salt And Pre-Salt)

A meeting at the Anchieta palace, in the capital of the state of Espírito Santo, focused on discussing Petrobras’ investments in the state.
The meeting was attended by the governor of the state, Renato Casagrande (PSB), and the director of institutional relations of the state company, Roberto Ardenghy.

The governor was very pleased with what he heard regarding Petrobras’ plans for the state. According to Petrobras, R$ 15 billion will be invested in Espírito Santo by the end of 2023.
In an official statement after the meeting, Petrobras reportedly declared that Espírito Santo has been and will be a fundamental piece of the company’s Exploration and Production efforts.

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The note further clarifies that the state is considered a complete oil producer, as it has reserves both on land (onshore) and offshore, as well as in shallow and deep waters.

The Petrobras director also added that the state of Espírito Santo is very important to the company, a view that aligns with the thoughts of the interim secretary of development of Espírito Santo, Paulo Menegueli, who stated that the state is strategic for Petrobras.

The newly appointed president of the Espírito Santo Gas Company (ES Gás), Heber Resende, also participated in the meeting with the state government and Petrobras.

Espírito Santo Basin

The beginning of onshore production in the Espírito Santo basin was in the late 1960s, with important discoveries recorded since the late 1990s, such as Fazenda Alegre, Inhambu, Cancã, and Jacutinga.

In the maritime part, with great potential for light oil and gas, are the fields of Camarupim, Canapu, and Peroá, whose gas production is important for supplying the national market. The first oil production in shallow waters began in 1978, with the Cação field, and the first discovery in deep waters was the Golfinho field in 2002, with light oil and associated gas.

Petrobras Investments in Espírito Santo May Exceed 15 Billion Reais by 2023

Petrobras Considers The State A Key Player As It Produces Oil In All Areas: Onshore, Shallow And Deep Waters, And Offshore (Post-Salt And Pre-Salt)

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Espírito Santo Basin

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Petrobras Investments in Espírito Santo May Exceed 15 Billion Reais by 2023

Petrobras Considers The State A Key Player As It Produces Oil In All Areas: Onshore, Shallow And Deep Waters, And Offshore (Post-Salt And Pre-Salt)

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Espírito Santo Basin

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