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Petrobras announces voluntary redundancy plan and other operational cuts

Written by Paulo Nogueira
Published 14/03/2019 às 15:48

Uncategorized

Petrobras voluntary dismissal employee contest

With the intention of saving US$ 8,1 billion by 2023, Petrobras wants to lay off employees and reduce operational activities starting this year

Petrobras communicated a few days ago its plan to reduce by up to US$ 8,1 billion of its operating expenses between 2019 to 2023, I announce this feat on March 8 officially. According to Petrobras, employee expenses are among the main cuts within the project through the voluntary dismissal plan, also including reduction in advertising spending and its offices across the country.

With this expense deduction in its plans, the Brazilian state-owned company said it is also included in the divestment program, which were previously estimated at  122,6 billion by 2023.

Some other mature fields spread across Brazil also ended up getting into these Petrobras sale projects and cost reduction recently

Also know – Petrobras is studying the possibility of selling the drillship and, if confirmed, it will be the first of the company’s deepwater equipment

Everything indicates that there will be no public tender for Petrobras in 2019, but we are hearing internal rumors about a tender about to be released by BR Distribuidora, stay tuned in our publications, we will let you know first hand.

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Paulo Nogueira

An electrical engineer graduated from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), I worked for several years in the areas of offshore oil and gas, energy and construction. Today, with over 8 publications in magazines and online blogs about the energy sector, my focus is to provide real-time information on the Brazilian employment market, macro and micro economics and entrepreneurship. For questions, suggestions and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes for this purpose.

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