Petrobras to invest $84.1bn to enhance production in Brazil

Petrobras to invest $84.1bn to enhance production in Brazil

Chamber Articles Category: Energy Post Date: 12/06/18 Source: Offshore Technology By: Offshore Technology
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Petrobras has unveiled plans to invest $84.1bn in deepwater exploration and production projects in Brazil, as well as raise $27bn through asset sales and partnerships by 2023.

Around $69bn of the planned investment will be channeled into the development of production in the pre-salt areas. Other key focus areas of investment include refining, transportation, trading, and natural gas and petrochemicals. Read Full Article