Macaé Will Again Be the Oil Capital With US$ 18 Billion Investments From Petrobras, To Be Made Over the Next Five Years

Macaé Has Great Potential to Attract Investments in the Oil and Gas Sector

In the next five years, Petrobras will invest US$ 18 billion to increase production capacity of the reserves in the Campos Basin by 50%. With this expectation, it is clear the potential of Macaé (RJ) to attract numerous investments related to oil, gas, and energy production.

Through the revitalization of mature fields and the commencement of new platform operations, Petrobras plans to significantly increase the production power of the reserves located in the Northern Fluminense area.

Installation of Five New Production Units in the Campos Basin Will Bring Significant Increase in Oil Production

The decision to revitalize the fields and operate new platforms was reinforced after the meeting between the General Manager of the Campos Basin Business Unit, Wlisses Menezes, and Mayor Welberth Rezende. According to the manager, the production capacity of the Campos Basin is expected to rise from 600,000 barrels per day to 900,000 barrels per day by 2028.

Menezes adds: “We are currently experiencing a new phase of revitalization in the Campos Basin, with the installation of five new operational units over five years, generating investments of US$ 18 billion with the prospect of increasing production capacity by up to 50% in this region. Research and innovation are essential to this new phase.”

Creation of Partnerships for Research Development Proposed by Macaé to Petrobras

Macaé proposed the creation of partnerships for the development of innovation research linked to the oil, gas, and energy industry to Petrobras. With this, the city aims to integrate its academic center with the social and economic transformations happening as a consequence of the new dynamics of the national offshore market.

Furthermore, the definition of projects that connect the University City to Petrobras’ Research and Development Center (CENPES) was discussed: “It is always important to strengthen ties with Petrobras, which we recognize as a fundamental pillar of the economic reality and development of our city. Enhancing this relationship brings benefits to our population that concentrates the expertise that has made Brazil’s offshore market a world power. Investing in research is planning our future. And that is what we want.”