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Home Jean Paul Prates, president of Petrobras, reinforces an investment plan of US$ 18 billion in oil and gas projects in the Campos Basin, in Rio de Janeiro

Jean Paul Prates, president of Petrobras, reinforces an investment plan of US$ 18 billion in oil and gas projects in the Campos Basin, in Rio de Janeiro

2 February 2023 to 12: 29
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Petrobras intends to increase the oil and gas production capacity of the Campos Basin by 50% over the next 5 years. The current president of the state company, Jean Paul Prates, reinforced his commitment to the company's investments in the region.
Source: Petrobras

Petrobras intends to increase the oil and gas production capacity of the Campos Basin by 50% over the next 5 years. The current president of the state company, Jean Paul Prates, reinforced his commitment to the company's investments in the region.

Aiming at the future of the national oil and gas market, the current president of Petrobras, Jean Paul Prates, and his team, reinforced the company's investments for the next 5 years. Investments of US$ 18 billion in investments of US$ XNUMX billion in projects in the Campos Basin area. The goal is to increase fuel production by up to 50% over the next 5 years in the region.

Learn a little more about the Campos Basin

Source: Beyond the Surface

Petrobras Business Plan foresees investments of US$ 18 billion in oil and gas projects in the Campos Basin region over the next 5 years, reveals Jean Paul Prates

The quest to expand fuel production capacity in the domestic market is increasingly present in Petrobras' plans for the coming years.

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The state-owned company's Business Plan for the next 5 years has the main objective of applying investments of US$ 18 billion in the Campos Basin region.

Under the current management of Jean Paul Prates, the company intends to expand the oil and gas production capacity at the site by up to 50%.

This projection complements Macaé's potential to attract investments linked to the oil, gas and energy production chain.

In the Business Plan, investments will be aimed mainly at the Campos Basin region in the North of Fluminense. There, Petrobras will expand production capacity through the revitalization of mature fields and the start-up of new units.

Campos Basin Business Unit Manager stresses the importance of Petrobras' investments in oil and gas projects in the region

In a meeting with Mayor Welberth Rezende, the General Manager of the Campos Basin Business Unit (UN-BC), Wlisses Menezes, reinforced the importance of the state-owned company's investments in the region's oil and gas market.

Projects to expand production capacity in the area will be able to take advantage of the high potential of the North Fluminense region.

With the support of Jean Paul Prates, the expectation is that, by 2028, oil production capacity will jump from 600 barrels a day to 900 barrels a day.

“Today we are experiencing a new moment of revitalization of the Campos Basin, with the installation of five new operating units in five years, generating investments of 18 billion dollars with the prospect of increasing production capacity in this region by up to 50%. Research and innovation are essential to this new phase”, reinforced Wlisses.

The mayor of the city of Macaé reinforced Petrobras' investments as essential for taking advantage of the city's high oil and gas production potential.

Macaé has become one of the biggest poles of the national oil market in recent years, strongly boosting Campos Basin projects.

“Petrobras represents our main economic vocation, responsible for making Macaé the main base of the national energy market. These investments underscore our reference for a market that expands, generates jobs and begins to change, once again, our reality”, said the executive. 

Now, what is expected is that Jean Paul Prates fulfills the commitment of Petrobras' Business Plan and continues with investments in oil and gas production in the Campos Basin.

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