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The Brazilian Institute of Oil and Gas (IBP) projects that thousands of jobs will be created in the onshore and offshore sector next year. It is estimated that investments of US$ 50 billion will be applied by 2024
The oil and gas sector, affected by the pandemic, is showing signs of a return, with the prospect of generating 30 to 50 onshore and offshore job openings for next year. The survey was carried out by the Brazilian Institute of Petroleum and Gas (IBP), an entity composed of the main companies in the segment. The optimistic scenario is being generated by the sale of Petrobras assets and also for the stabilization of the barrel of oil.
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IBP foresees investments of US$ 50 billion until 2024
According to Eberaldo Almeida, president of the IBP's Brazilian Oil and Gas Institute, oil production in the country has grown by 140% over the past two decades. That's about 3 million barrels a day.
The estimate made by the IBP, as an institute, is that this production will reach 5,4 million barrels per day by 2030. For this to be possible, many investments must be made.
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By 2024, the institute estimates that US$ 50 billion will be invested in the sector, which will also create several jobs onshore and offshore. The increase in hiring and production is being driven by the pre-salt surplus auction, held last Friday (17), with a balance of R$ 11 billion for public coffers.
The projection, according to the Brazilian Institute of Oil and Gas (IBP), is that the oil and gas production and exploration sector will jump from 330 onshore and offshore jobs to 610 by 2025.
Salaries rise in oil and gas industry job openings
Almeida points out that, among the factors that contribute to this scenario, is the movement of Petrobras' assets. According to the director of the Brazilian Institute of Oil and Gas (IBP), this causes essential movements in states such as Bahia and Rio Grande do Norte.
In addition to private sector companies, in which some had to assemble teams from scratch, Petrobras opened a public tender, after a voluntary dismissal program.
Last Friday (17), an announcement was launched offering about 750 job openings and 3.780 reserve registration. The current basic salary is BRL 6 thousand, with a minimum wage of BRL 11,7 thousand.
Extraction sector had 13 consecutive months of negative balance
A study carried out by LCA Consultores, based on information from the Ministry of Labor and Social Security, states that the extraction sector alone had a year and a consecutive month of negative balance, between last year and this year, with more layoffs than hiring .
As of April, the sector began to show a reaction and registered a positive balance in the months of July and October of this year. However, the approximately 1,88 lost jobs have not yet been recreated.
According to Bruno Imaizumi, economist at LCA Consultores, he says that the recovery of job opportunities is generated by the pre-salt layer, with private operators who bought projects, the start of operation of the FPSO Carioca platform by Petrobras and also by the increase in the extraction of natural gas to power thermoelectric plants.
Achieving the global zero-emission target will require a 75% cut in crude oil demand.
There are some scenarios suggesting that reaching the zero-emissions target will require a 75% cut in crude oil demand from now to 2050, says Francisco Monaldi, director of the Latin American Energy Program at the University's Baker Institute. Rice, in the US state of Texas. But there are other analysts who estimate that there will be little oscillation in demand and that, in 2050, it will even be slightly above where it is currently.
“This last scenario indicates that we are going to reach a peak in demand and that, from there, it will start to decrease, but obviously it would not be a scenario even remotely so catastrophic. In any case, it is inevitable that the energy transition takes place, and that the demand for oil does not continue to grow as in the past”, he adds.
Uncertainties about the energy transition execution pace will affect, for example, the ease of obtaining resources to finance new projects in the oil and gas area, since some demand high amounts and imply decades of production, with oil extraction by 20 or 30 years.
“Imagine, for example, an exploration project in deep waters in the Gulf of Mexico. We are going to see less and less of this type of project. The ones that are already in progress, like the ones Brazil has in the Pre-Salt, will be developed, but the new ones will be more difficult.”
