Petrobras Will Have to Rename the Lula Field

Written by Flavia Marinho

Published on 04/06/2020 at 10:01

Updated on 04/06/2020 at 16:13

Petrobras terá que rebatizar o campo de Lula

Seja o primeiro a reagir!

Court Rules That Petrobras Must Rename Lula Field in Pre-Salt, Currently Brazil’s Largest Oil Producer

The Federal Regional Court of the 4th Region – TRF-4, decided that Petrobras will have to rename the Lula field, one of the largest oil reserves in the pre-salt, to its original name — Tupi field. Alerj Votes Today on Project to Reduce ICMS by 3% in Oil and Gas Extraction and Production Operations in Rio de Janeiro

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According to a tweet on Thursday night by the special secretary for Privatization at the Ministry of Economy, Salim Mattar, the TRF-4 considered that the name of the oil field generated personal promotion for former President Luiz Inácio Lula da Silva.

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On December 30, 2010, two days before Lula’s term ended, Petrobras officially launched the oil field for commercialization and changed its name.

The decision resulted from a popular lawsuit filed in 2015 by lawyer Karina Palma.

In it, it becomes clear that Petrobras and then José Sérgio Gabrielli violated the principle of impersonality, improperly using the oil exploration field to honor the President of the Republic.

One of the judges who ruled on the case was Rogerio Favreto, who in 2018 ordered Lula’s release, a decision that was later reversed on the same day after a huge judicial entanglement.

According to data from the National Agency of Oil, Natural Gas and Biofuels (ANP), the Lula field produced 1.033 million barrels of oil per day and 45.7 million cubic meters of natural gas in April, remaining Brazil’s largest producer.

Petrobras Will Have to Rename the Lula Field

Court Rules That Petrobras Must Rename Lula Field in Pre-Salt, Currently Brazil’s Largest Oil Producer

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Petrobras Will Have to Rename the Lula Field

Court Rules That Petrobras Must Rename Lula Field in Pre-Salt, Currently Brazil’s Largest Oil Producer

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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

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