Falling oil do not prevent investment in the area

The followed falls of oil occurred in recent days, especially with the expectations of the event of the Organization of petroleum exporting countries (OPEC), which must decide on an agreement on production cuts, don't affect the investment plan of some Brazilian companies for oil exploration and production, for years to come.

Against the head of the International Energy Agency (IEA), Fatih Birol, who announced recently during Conference in Tokyo, on the fall of investment in new oil production for next year, Brazil's energy bar oil and gas has ensured that the prices of a barrel of oil should not compromise the company's investment plan.

Controlled by the private equity fund First Reserve and Riverstone, the brazilian oil company's comfortable position to keep the exploration in block BM-S-8 (Estima), where 10% of the business holds, as well as in the development of the field of Atlanta, in the Santos basin post-salt where participation along with the Queiroz Galvão. According to the company, the accumulated amount in box will be enough to afford the investments.


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