Campos Basin receives R$10 billion in investments

The National Agency for Oil and Gas (ANP) announced, on Tuesday (29), that the new plans for the development of 14 shallow water fields in the Campos Basin will receive more than R$ 10 billion in investments. The process is part of Petrobras' disvestiment plan, which seeks to focus its activities on the exploration of pre-salt in the Rio-SP axis. The fields are currently operated by BW (expected to invest R$ 3.9 billion), Trident (R$ 5.6 billion) and Perenco (R$ 1.1 billion).

These areas were in the process of declining production. In 2012, they produced 81,000 barrels of oil per day (bpd) and in 2019 production fell to about 26,000 bpd. In addition, royalties from these concessions decreased from R$ 583 million to R$ 227 million in the same period.

The new development plans bring the revitalization of these areas, as well as new opportunities for generating employment and income.

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