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In Addition to Petrobras, There Are Other Brazilian Companies Intending to Explore Oil and Gas Assets in the Neighboring Country of Amapá
Representatives of the Brazilian multinational Petrobras presented on Monday (29) a five-year strategic plan for the next oil and gas sector of Guyana, which includes technical assistance, export and import services, and training.
The plan was presented to Minister Dawn Hastings-Williams, under her new portfolio as Minister of State, during a courtesy visit in the meeting room at the Ministry of the Presidency. Minister Hastings-Williams told the Public Information Department (DPI) that conversations between the corporation and the government have been quite fruitful and promising. She hopes this can be strengthened by the willingness of representatives to provide a comprehensive proposal.
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Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.
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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.
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Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.
This, according to her, will allow relevant stakeholders to have a better understanding of the information provided to see the best way for the government to partner with Petrobras. “We [the Coalition government] are interested in having many countries involved in this exploration and production platform for oil. As you know, oil production is greater than that of bauxite, gold… that doesn’t mean that the other natural resources of the country will be set aside; it just means we must be extremely careful,” she added.
The head of the Energy Department, Dr. Mark Bynoe, who was present at the meeting, said that the government welcomes the company’s support. “We are like you; we have a vision, a strategic plan in terms of where we are going… currently we have a roadmap and we trust that, in time, we will start to improve our own capabilities by purchasing third-party experience and then advancing the Guianese experience as indicated by the minister with training,” said the head of the DoE.
He noted that despite the current challenges related to the oil and gas industry, Guyana hopes to establish a concrete plan that benefits its citizens. It was highlighted that Guyana has so far benefited from more than US$ 16 billion (US$ 75 million) directly from the oil and gas sector.
Petrobras is still negotiating with the government to secure an oil block off the coast of Guyana. The company had officially requested an oil block early last year and is still in the process of trying to acquire the block, Brazil’s deputy ambassador to Guyana, Ronaldo Vieira, told the Guyana Chronicle in an exclusive interview.
“They are still dealing with this particular block, but it is not just Petrobras; there are several Brazilian companies trying to enter the market here; we are connecting with local companies to connect with those from Brazil. “It is at the same level as ExxonMobil. Petrobras explores and drills and does many things related to that, but there are smaller companies that supply parts, manage the platform, and so on,” he said.
Vieira also stated that there are many opportunities related to the oil and gas industry. Petrobras is looking to capitalize on these opportunities. It is one of several major oil companies intending to acquire offshore blocks in Guyana.
It was reported that the American oil company Chevron and the French Total are also among the nine companies looking for the remaining oil blocks, and the government is exploring both “direct commitments” and a “bidding process” to assign them.
The companies that own blocks in the deepwater area off the coast of Guyana are: Repsol and Tullow Oil (the Kanuku block); Tullow (the Orinduik block); Anadarko (the Roraima block); Proporção Oil (the Kaieteur Block); Esso, CNOOC Nexen, and Hess (the Stabroek Block); Esso, Mid Atlantic, and JHI (the Canje Block); CGX (the Demerara and Corentyne blocks); ON Energy; and Nabi.
Petrobras founded in 1953 specializes in exploration and production, refining, commercialization, transportation, petrochemicals, distribution of petroleum derivatives, natural gas, electricity, gas-chemical, and biofuels.
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