Pará's Secretary of Environment and Sustainability Grants Petrobras Environmental License for Mock Exercise That Could Kick Off Equatorial Margin Exploration Project, With Projected Investments of $2.9 Billion

Pará’s Secretary of Environment and Sustainability Grants Petrobras Environmental License for Mock Exercise That Could Kick Off Equatorial Margin Exploration Project, With Projected Investments of $2.9 Billion

Written by Ruth Rodrigues

Published on 28/02/2023 at 13:24

Foto: Rodolfo Almeida/SUMAÚMA

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The Pará State Agency Issued the Necessary Environmental License for Petrobras to Conduct a Simulation That Could Begin Exploration of the Equatorial Margin. The State-Owned Company Continues to Discuss Some Points with Ibama to Proceed with the Project in the Area.

The state-owned oil company Petrobras confirmed that the Secretary of Environment and Sustainability of Pará granted the necessary environmental license for the company to proceed with the project for exploration of the Equatorial Margin. The document for conducting a simulation in the state is another step for the initiative. The state-owned company anticipates investments of US$ 2.9 billion in the production campaign in the region.

Petrobras Obtains New Environmental License from the Government of Pará and Advances in the Exploration Project of the New Brazilian Pre-Salt, the Equatorial Margin

Petrobras announced the receipt of the necessary environmental license from the Secretary of Environment and Sustainability of Pará to conduct a simulation in the state.

The company’s goal is to accelerate the processes to initiate the exploration project of the Equatorial Margin, starting from Amapá and going to the state of Rio Grande do Norte.

ARTICLE CONTINUES BELOW

New Brazilian Pre-Salt, Equatorial Margin Region, Is the State’s Big Bet for Fuel Exploration in Brazil

The receipt of the environmental license for the simulation in Pará is just one step in Petrobras’s exploration campaign in the Equatorial Margin.

The region is pointed out by industry experts as one of the great bets for the large-scale production of fuels in Brazil over the next few years.

The president of the Brazilian Institute of Oil and Gas (IBP), Roberto Ardenghy, stated: “To give you an idea, out of every ten wells drilled in the world, nine are generally classified as sub-commercial, meaning they cannot be commercially exploited. In others, oil is not even found. Often, only water or CO2 (carbon dioxide) is discovered.”

“In any case, there is strong belief that oil exploration in the so-called Equatorial Margin will be possible, especially since other wells have already been discovered in the region, in areas belonging to Guyana, for example, which has grown significantly due to this activity,” concluded the executive.

Thus, Petrobras’s exploration campaign in the Equatorial Margin could facilitate significant investments in the Brazilian oil and gas market in the coming years.

Pará’s Secretary of Environment and Sustainability Grants Petrobras Environmental License for Mock Exercise That Could Kick Off Equatorial Margin Exploration Project, With Projected Investments of $2.9 Billion

The Pará State Agency Issued the Necessary Environmental License for Petrobras to Conduct a Simulation That Could Begin Exploration of the Equatorial Margin. The State-Owned Company Continues to Discuss Some Points with Ibama to Proceed with the Project in the Area.

Petrobras Obtains New Environmental License from the Government of Pará and Advances in the Exploration Project of the New Brazilian Pre-Salt, the Equatorial Margin

New Brazilian Pre-Salt, Equatorial Margin Region, Is the State’s Big Bet for Fuel Exploration in Brazil

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Pará’s Secretary of Environment and Sustainability Grants Petrobras Environmental License for Mock Exercise That Could Kick Off Equatorial Margin Exploration Project, With Projected Investments of $2.9 Billion

The Pará State Agency Issued the Necessary Environmental License for Petrobras to Conduct a Simulation That Could Begin Exploration of the Equatorial Margin. The State-Owned Company Continues to Discuss Some Points with Ibama to Proceed with the Project in the Area.

Petrobras Obtains New Environmental License from the Government of Pará and Advances in the Exploration Project of the New Brazilian Pre-Salt, the Equatorial Margin

New Brazilian Pre-Salt, Equatorial Margin Region, Is the State’s Big Bet for Fuel Exploration in Brazil

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

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