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Video: Petrobras takes an indestructible blow from Exxon, says Paulo Henrique Amorim

Written by Paulo Nogueira
Published 13/04/2018 às 07:58
Updated 15/04/2018 às 16:11

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Paulo Henrique Amorim says in a video that the oil auctions were a blow to end Petrobras and deliver the crown jewels to Exxon Mobil

Paulo Henrique Amorim – The Brazilian people's company, Petrobras, allied with the American Exxon, the largest oil company in the world today, to explore areas adjacent to the pre-salt layer that belongs to the Brazilian people. The purpose is to explore an area that, in layman's terms, is next to the pre-salt already explored by the state-owned company "on behalf of the Brazilian people", in fact Exxon bought 10 areas next door, which in Paulo Amorim's view, for a price well below what it would actually be worth, around 1 billion dollars.

In the reporter's opinion, if the "coup" had taken place (referring to Dilma's impeachment), the areas would have been explored by Petrobras. It turns out that there is a risk of these areas being as rich as the pre-salt, therefore, “the filet mignon” would be with Exxon, while the Brazilians with the less noble parts. In another auction of hydroelectric plants by Cemig, the Chinese, French and Italians managed to buy hydroelectric plants that were the car – head of the state-owned company, that is, with each passing day, the generation of electricity is left in the hands of foreign companies.

Watch the full video of Paulo Henrique Amorim


In your opinion, is it a good idea for the government to privatize so many of Brazil's resources for the benefit of foreign companies or to hope that some company in the country has the necessary competence and expertise to carry out activities in this segment and make the economic machine turn in some way? The fact is that our companies no longer have financial strength due to the crisis, measures were taken, for good or for bad, the answer to all this we will only see in the future.

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Paulo Nogueira

An electrical engineer graduated from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), I worked for several years in the areas of offshore oil and gas, energy and construction. Today, with over 8 publications in magazines and online blogs about the energy sector, my focus is to provide real-time information on the Brazilian employment market, macro and micro economics and entrepreneurship. For questions, suggestions and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes for this purpose.

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