Subscribe | Register | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Brazilian upstream enjoys bumper year
Soaring pre-salt production sees Latin America’s largest country pull away from the local competition
Rise of Brics challenges oil world order
The five economies are shaking up global markets, and they could be on the cusp of a major break from the existing order
Petrobras faces another period of uncertainty
Investors are wary about government intervention as the NOC welcomes its latest CEO
Brazilian indies enter rapid production growth phase
M&A activity may have slowed in recent months, but turbocharging production is the new goal for the country’s emerging independents
Petrobras in the crosshairs as election run-off looms
Ballot box verdict could prove existential for the NOC, amid controversial calls from the incumbent to break apart the Brazilian energy giant
Letter from South America: Elections could impact Petrobras policy
The upcoming election pits the right-wing incumbent against a left-wing former president
Brazilian upstream reaps divestment dividend
Petrobras is starting to see significant production gains in the pre-salt, while independents are already raising output at fields divested by the NOC
Bolivia signs Brazilian gas supply deal
Distributor CDGN has an agreement for gas, but flexible contracts and limited output mean Bolivian volumes are likely to continue to flow to the highest bidder
Bolsonaro turns up heat on Petrobras
Threat of subsidies and political interference grows as under-pressure president refuses to accept rising domestic fuel prices
Petrobras puts three refineries back on sale
The RNEST, Repar and Refap facilities are open for offers again, but the divestment programme’s future is in doubt
Petrobras and smaller Brazilian independents are bullish in production forecasts
Brazil Petrobras
Charles Waine
16 August 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Brazilian upstream reaps divestment dividend

Petrobras is starting to see significant production gains in the pre-salt, while independents are already raising output at fields divested by the NOC

The Brazilian presidential election in October will pit incumbent right-wing populist Jair Bolsonaro against left-leaning challenger and former president Lula da Silva. On the oil side, whoever takes office is poised to inherit a heady mix of upstream consolidation and bullish production forecasts.   NOC Petrobras is leading from the front with a strong focus on output growth from the pre-salt. Planned ramp-ups in production from the P-68 platform—at the Berbigao and Sururu offshore fields—and a new floating production, storage and offloading (FPSO) vessel at the Sepia offshore field, both in the Santos basin, should add 55,000bl/d of capacity to the company’s portfolio this year. The firm i

Also in this section
Appalachia’s gas faces infrastructure challenge
26 September 2023
Bottlenecks continue to constrain gas-rich Appalachia, and relief may not be in the pipeline
Letter from Stockholm: Lundin trial could set corporate precedent
Opinion
22 September 2023
Former executives and a successor company are accused of complicity in Sudanese war crimes in what is now South Sudan
Refinery delays contribute to Abuja’s fuel challenge
21 September 2023
Nigeria’s downstream status quo changed forever with the end of fuel subsidies, but the flagship Dangote refinery has still yet to start operations
Canada’s west coast LNG projects gain momentum
20 September 2023
Geographical position, long-term demand and decarbonisation efforts continue to support the region’s burgeoning LNG sector

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search