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Espírito Santo Has Returned as the Focus of Petrobras for Investments in Brazilian Oil and Gas Projects. Prates’ Command Will Be Essential for the Development of FPSO Maria Quitéria Operations Over the Coming Months.
The state-owned oil company Petrobras resumes one of its investment hubs in the oil and gas market, the state of Espírito Santo. Under Prates’ command, the company plans to reach a production of 275 thousand barrels per day by 2026, after initiating production at FPSO Maria Quitéria. In addition to the platform, the company aims to invest in decarbonization, an environmental commitment and energy transition in the state.
Espírito Santo Returns to Being One of Petrobras’ Investment Hubs in Oil and Gas Projects Under the Command of Jean Paul Prates in 2023
The arrival of Jean Paul Prates as president of Petrobras has been bringing significant changes to the company’s future investments. In addition to expanding the exploration frontier in Brazil, the company has resumed some focuses in the national oil and gas market.
Among them is the state of Espírito Santo, which is preparing for a strong investment plan from the company, especially with the start of production at FPSO Maria Quitéria, which is getting closer.
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The goal of the state-owned company is to jump from current production of 155 thousand barrels per day to 275 thousand barrels per day by the end of 2026. In this way, it will be able to further leverage the region’s high production potential.
Petrobras’ investments in the state were presented by Jean Paul Prates, the governor of Espírito Santo, Renato Casagrande, and the vice-governor, Ricardo Ferraço, on the last day 02.
But not only oil and gas exploration will sustain Espírito Santo, as Petrobras’ investment plan extends beyond FPSO Maria Quitéria in the area.
“We will work together on important projects, including in new frontiers, such as decarbonization, with carbon injection and storage. We are exploring this possibility in the Jubarte field, to clean our atmosphere. We still have pre-salt, natural gas, biofuels, and carbon injection ahead. There’s much more to do,” said the executive.
With State Investments in FPSO Maria Quitéria Production, Espírito Santo’s Oil and Gas Sector Could Gain Up to 2500 Job Openings from the Project
After years of decline in the Espírito Santo oil and natural gas segment, the state has begun to grow in future projections.
The arrival of Prates and the new investments from Petrobras in the oil and gas sector will be essential for this.
According to the production plan for FPSO Maria Quitéria, the projection is that more than 2500 job openings will be created, with salaries ranging from R$ 3 thousand to R$ 30 thousand for state residents.
Cris Samorini, president of the Espírito Santo Industries Federation (Findes), emphasized the importance of Espírito Santo in the national oil and gas segment.
The region is an area with significant potential for fuel exploration, but it requires the necessary investments to do so.
Thus, with Prates’ leadership and Petrobras’ investments, the installation of FPSO Maria Quitéria should be just one of the company’s projects for the oil and gas sector in the coming years.
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