Imetame Port Works in Aracruz (ES) Will Generate 650 Job Opportunities. Around R$ 1 Billion in Investments Is Expected in the Project

Imetame Logistics Port Received Authorization Yesterday (06/08) to Install the Port Terminal in Aracruz, Espírito Santo. The Works Will Generate Many Jobs!

Yesterday, Imetame Logistics Port received authorization to install the port terminal in an area in Aracruz, Espírito Santo. Even without defining a date for the start of the works, the company informed that the construction is expected to create around 650 direct job openings, primarily for workers from Aracruz and the surrounding region, as well as 300 indirect jobs. Also see: With an initial investment of R$ 180 million, Imetame’s thermoelectric power plant in Bahia will be Brazil’s first zero-carbon UTE

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Investments by Imetame in Espírito Santo

In the port terminal, investments of R$ 1 billion are estimated for the completion of the construction. According to the company, the works will occur in two phases, with the first phase, which covers the movement of containers and general cargo, expected to be completed in three years.

The Imetame port in Espírito Santo will use an area of 1,032,639.20 m², located on Tancredo Neves Highway (ES-010), in Barra do Riacho. The company will pay, annually, to the Federal Government, the amount of R$ 4,127,665.41, divided into 12 monthly installments, with adjustments every 12 months, based on the National Index of Consumer Prices (IPCA).

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Also See: Imetame May Have Discovered Oil in Well on the Onshore Part of the Espírito Santo Basin

Imetame notified the National Agency of Petroleum (ANP), informing that within the block ES-T-441, located in the onshore part of the Espírito Santo Basin, there are signs of oil in the Sintonia prospect.

The new news from Imetame about the oil discovery is proof of this. The block ES-T-441, where there are signs of oil, was acquired by the company in 2018, which paid a signing bonus estimated at R$ 1 million. In November 2020, EnP acquired 50% of this block and four other onshore oil exploration blocks in the Espírito Santo Basin.

Both on land and at sea, exploration in Espírito Santo has been gaining momentum in 2021. In mid-April, in partnership with EnP, Imetame began drilling an onshore oil well at the Sintonia prospect. According to EnP CEO Márcio Felix, “Drilling a pioneering onshore well always brings expectations of good discoveries.”

Oil Well Exploration in Brazil

Earlier this month, Recôncavo Energia notified the ANP about the discovery of signs of oil in the onshore well 1-FFL-1-BA, located in the Recôncavo Basin. The first exploration period for this well will be valid until June 17. The second will have an exploration deadline until June 2023.

In April, Petrobras began a new exploration campaign off the coast of Espírito Santo. On April 6, it started drilling an oil well in the offshore block ES-M-669, which was acquired by the company in the 11th Round of Bidding in 2013, by ANP. Petrobras operates in the area with a 40% stake in partnership with Total and Equinor.