The Brazilian Oil And Gas Sector Begins A New Era, Petrobras Has Just Declared That There Will Be Many Works In The Campos Basin

[supsystic-social-sharing id=’1′]Investment of 3 billion reais is the first since the beginning of Operation Car Wash in 2014 and affects 39 of the 53 platforms currently operating in the Campos Basin in northern Fluminense. The new round of orders will be divided into 3 bids, and the structural reforms of the equipment will allow for increased production in Petrobras’s oldest deepwater exploration area, which began in the 1970s.

For more than 30 years, the Campos Basin was responsible for over 80% of the entire national oil production. With the discovery of the pre-salt, the Campos Basin lost space in the state company’s investment plan, currently accounting for 44% of all Brazilian production. For specialists, the investment signals to the market that the area still holds potential

“When you look again at the Campos Basin, you show the investor that Brazil is not just the pre-salt, that Brazil is not just Petrobras. Our country has a number of other players, which are the assets (oil and gas exploration areas in the country) that are just as interesting… depending on the size of the company that comes to work,” says Fernanda Delgado, a researcher at FGV. [watch the video of this Report from Band News right below]

The expectation is that with the orders, 3,000 jobs will be created. Economist Renato Fragelli says that interest rates have already fallen significantly and still have the potential to drop a bit more because there is no significant inflationary pressure at the moment, so the trend is that the economy will gradually begin to recover. But he warns: It is one thing to regain the production capacity we already have today; it is another completely different story to expand this capacity from now on, which requires investment that will only occur with the country’s credibility and organization. GO TO THE MENU AT THE TOP OF THIS PAGE AND SEARCH FOR THE LATEST JOB OPENINGS.