Petrobras' investment plan provides for the renewal of the Campos Basin by 2027. More than US$ 18 billion will be allocated to new production units and well drilling.

Petrobras announced recently, an ambitious investment plan of US$ 18 billion until 2027 for the renovation and expansion of the Campos Basin. The amount will be allocated to the installation of six stationary production units and the creation of more than 200 wells. Aligned with the energy transition and committed to sustainability, the plan also highlights the arrival of the innovative all-electric FPSO Maria Quitéria and the exploration of offshore wind energy.

Petrobras' new investment plan promises to transform the Campos Basin

Petrobras, a giant in the national energy sector, has unveiled an audacious investment plan for the complete renovation of the Campos Basin by 2027.

With an investment of US$ 18 billion, the company is considering revitalizing this important oil and gas exploration region.

A crucial part of the plan is the installation of six new stationary production units (SPUs) and the creation of more than 200 extraction wells.

This significant expansion will strengthen production capacity and contribute to Brazil's energy future.

According to the urgency of the global energy transition, Petrobras also highlights its environmental commitment in the new plan.

The launch of the all-electric FPSO Maria Quitéria in the Jubarte field, in Espírito Santo, is a clear example of this approach. This FPSO's combined cycle technology will reduce CO2 emissions by more than 5 million tons over the course of the UEP's operation.

Águas Profundas executive manager, Paulo Marinho, shared these exciting details during the “Investment Opportunities in Espírito Santo” event at MEC Show 2023.

Petrobras plans to invest in oil exploration in Espírito Santo with new plan

Petrobras recognizes the importance of Espírito Santo as one of the main oil and gas production centers in the country, with milestones such as the drilling of the first offshore well and the pioneering oil extraction in the pre-salt layer.

Thus, even with a presence of more than 40 years in the Campos Basin, the company is committed to the continuous search for new sources of oil.

The investment plan also contemplates the modernization of the transport infrastructure, with emphasis on the expansion of the network of oil pipelines, gas pipelines and optical networks.

In addition to the investment plan in the Campos Basin, Petrobras continues to explore opportunities in new exploratory blocks.

Combining synergies with existing facilities and a forward-looking mindset, the company demonstrates its resilience and strategic vision.

The amount of US$ 18 billion foreseen in Petrobras' new investment plan inaugurates a new era in oil and gas exploration in the Campos Basin.

With a vision focused on sustainability and innovation, the company will not only strengthen its position as a leader in the sector, but will also contribute to the transformation of the national and global energy landscape.

About the Campos Basin

With more than four decades of existence, the Campos Basin has consolidated itself as a full-scale laboratory, playing a key role in the development of technologies that have transformed the paradigms of the global oil and gas industry.

Over this long period, this region not only introduced the most advanced offshore technologies to the world, but also demonstrated a remarkable capacity for renewal, driven by innovative projects and continuous expansion of production fronts.

Now, Petrobras will continue to invest in innovation and expansion of its activities in the region.