Petrobras Presents Strategic Plan 2024-2028+: Investments of US$ 102 Billion, 280 Thousand Jobs, and Focus on Low Carbon, Diversification, and Innovation.
Check out this document that details the company’s restructuring plan.
The Strategic Planning (SP) predicts that, by 2030, Petrobras’ park can stand out globally in operational and energy efficiency. This will be achieved through an increase in processing capacity to 225mbpd. Furthermore, the company has a portfolio of projects focused on expanding gas and energy capacity, refining, and logistics. Petrobras’ innovation capacity and its clear goals for diversity and inclusion are also part of this ambitious expansion plan.
Company’s Investment Plan for the Next Five Years
The press conference also explained the sources and destinations of money for the next five years and the priorities for capital investment. Additionally, the company’s strategy includes the profitable expansion of the portfolio.
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Petrobras buys 75% of Oranto and becomes the operator of block 3 in São Tomé and Príncipe, resuming its strategy in Africa to diversify its portfolio and replenish oil and gas reserves.
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China inaugurates a new era by signing a $5.1 billion project to expand one of the largest gas fields on the planet, adding 10 billion m³ per year and reinforcing an energy mechanism that already moves 30 billion m³ annually towards its market.
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While the world felt the pinch of rising oil prices, oil companies pocketed at least $23 billion extra from the crisis in Ormuz.
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Oil plummets more than 10% and the market turns upside down after Iran opens Hormuz and eases fears about the main route in the Gulf.
The report also forecasts an increase in total oil and gas production from 2024 to 2028, reaching an investment of US$ 73 billion, with approximately 67% allocated to the pre-salt.
Leader Jean Paul Prates and the management team at Petrobras released detailed information about the Strategic Plan 2024-2028+ on September 24. With the increase in resources allocated for the next five years, reaching a total investment of US$ 102 billion, the company expects to create 280 thousand jobs directly and indirectly each year. One of the commitments for this period is to maintain oil and gas as the main driver while supporting the just transition to more sustainable energy sources. The intensification of profitable projects with low environmental impact and the total focus on people are highlighted aspects in this SP.
Source: Petrobras

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