Investments In Oil And Gas In Espírito Santo Will Exceed R$ 8.8 Billion By 2027

Written by Paulo Nogueira Published on 24/04/2023 at 19:37 Updated on 24/04/2023 at 19:41

FPSO MV 31 Guanabara Petrobras – Imagem UpStream

Launch of the 6th Edition of the Oil and Natural Gas Industry Yearbook in Espírito Santo

The Federation of Industries of Espírito Santo (Findes) launched the 6th edition of the Oil and Natural Gas Industry Yearbook in Espírito Santo. The publication brings important data and analyses of the sector and projects oil and gas production until 2027.

Projects Involving PRIO, Petrobras, Shell, and Seacrest Petroleum

The study indicates that R$ 8.8 billion will be invested in projects in Espírito Santo, mainly involving the companies PRIO, Petrobras, Shell, and Seacrest Petroleum.

One of the highlights is the Integrated Project of the Whale Park (IPB), which plans to install the FPSO Maria Quitéria in the Jubarte field, located on the South Coast of Espírito Santo.

ARTICLE CONTINUES BELOW

Investment Projects in Oil and Gas Until 2027

The Yearbook foresees investments of R$ 8.8 billion in the oil and gas sector in Espírito Santo until 2027. Among the highlighted projects is the Integrated Project of the Whale Park (IPB).

The chief economist of Findes and executive manager of the Industry Observatory, Marília Silva, emphasizes that it will help increase the oil and gas recovery factor through the optimization of the current drainage mesh, with the interconnection of a new FPSO (floating production storage and offloading unit).

Decommissioning of Platforms Will Generate R$ 2.45 Billion

In addition to the investments planned until 2027, there are 18 Decommissioning Programs for Installations (PDI’s) approved until 2026, which will generate R$ 2.45 billion in investments in Espírito Santo.

The business environment manager of the Industry Observatory of Findes, Gabriela Vichi, explains that the decommissioning of installations is the safe disposal of oil and natural gas exploration and production structures after the end of their productive phase, generating opportunities for various companies.

Investments In Oil And Gas In Espírito Santo Will Exceed R$ 8.8 Billion By 2027

Launch of the 6th Edition of the Oil and Natural Gas Industry Yearbook in Espírito Santo

Projects Involving PRIO, Petrobras, Shell, and Seacrest Petroleum

Investment Projects in Oil and Gas Until 2027

Decommissioning of Platforms Will Generate R$ 2.45 Billion

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

They planted a sea of eucalyptus to produce cellulose, but the monoculture turned into a green desert, dried up springs and rivers, and pushed families out of regions in Minas Gerais and Bahia.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Heir bought 23,000 degraded acres in the Scottish Highlands, fenced the area, planted nearly 1 million native trees, and transformed empty mountains into a forest officially recognized after meeting 15 evaluation criteria over 20 years.

The Atacama Desert, the driest place on Earth, was covered in flowers and turned into a colorful carpet with more than 200 species in the phenomenon called “desert bloom,” when atypical rains awaken seeds that had remained dormant in the soil for many years.

How to Prevent Brown Recluse Spider Bites: Common Hiding Spots and Free Tips to Reduce Risks

Natto: The Unusual Japanese Superfood Gaining Popularity on Social Media and Driving Record Exports

15-Year-Old American Builds Ocean Generator with PVC Pipe and 3D-Printed Propeller for $12, Wins National Prize, Presents at White House, and Makes Forbes 30 Under 30 List

Brazilian Mayor Goes Undercover as Homeless for 24 Hours to Assess Public Services

$12 Billion Invested in AI Data Centers in Semi-Desert Mexican State, But 17 of 18 Municipalities Now Face Water Shortages, Residents Receive Water Only 3 Days a Week

Investments In Oil And Gas In Espírito Santo Will Exceed R$ 8.8 Billion By 2027

Launch of the 6th Edition of the Oil and Natural Gas Industry Yearbook in Espírito Santo

Projects Involving PRIO, Petrobras, Shell, and Seacrest Petroleum

Investment Projects in Oil and Gas Until 2027

Decommissioning of Platforms Will Generate R$ 2.45 Billion

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

They planted a sea of eucalyptus to produce cellulose, but the monoculture turned into a green desert, dried up springs and rivers, and pushed families out of regions in Minas Gerais and Bahia.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Heir bought 23,000 degraded acres in the Scottish Highlands, fenced the area, planted nearly 1 million native trees, and transformed empty mountains into a forest officially recognized after meeting 15 evaluation criteria over 20 years.

The Atacama Desert, the driest place on Earth, was covered in flowers and turned into a colorful carpet with more than 200 species in the phenomenon called “desert bloom,” when atypical rains awaken seeds that had remained dormant in the soil for many years.

Oil production grows in Rio, but reserve replacement raises a warning sign

Petrobras is expected to complete the drilling of the Morpho well in the Foz do Amazonas in August 2026, the first well in the Equatorial Margin, an oil frontier that the ANP estimates at more than 30 billion barrels and could redraw the map of Brazil.

Oil returns to the center of concerns with tension between the US and Iran

IEA reduces forecast for global oil demand in 2026 after impacts of the Middle East crisis

Bank of Japan raises interest rates to 1%, reaching the highest level in over three decades

How to Prevent Brown Recluse Spider Bites: Common Hiding Spots and Free Tips to Reduce Risks

Natto: The Unusual Japanese Superfood Gaining Popularity on Social Media and Driving Record Exports

15-Year-Old American Builds Ocean Generator with PVC Pipe and 3D-Printed Propeller for $12, Wins National Prize, Presents at White House, and Makes Forbes 30 Under 30 List

Brazilian Mayor Goes Undercover as Homeless for 24 Hours to Assess Public Services

$12 Billion Invested in AI Data Centers in Semi-Desert Mexican State, But 17 of 18 Municipalities Now Face Water Shortages, Residents Receive Water Only 3 Days a Week