Petrobras is exploring opportunities in Argentina and advancing projects in Colombia and Africa. The company is interested in gas from Vaca Muerta, oil ventures in Argentina, an offshore project in Colombia with significant gas reserves, and upcoming exploratory drilling in Africa.
Petrobras is actively exploring potential ventures in Argentina while enhancing its projects in Colombia and Africa, as stated by Sylvia dos Anjos, the firm’s head of exploration and production. At the recent CERAWeek conference in Houston, dos Anjos indicated that gas sourced from Argentina’s Vaca Muerta region holds significant interest for Petrobras, particularly with a pipeline connecting Argentina, Bolivia, and Brazil available for transportation.
In Argentina, Petrobras is also evaluating opportunities to invest in oil projects, as the company seeks to replenish its oil reserves internationally. This initiative has become increasingly important given the challenges faced in obtaining environmental licenses for drilling within Brazil.
In Colombia, Petrobras is in the process of designing a development plan for an offshore project where substantial gas reserves of around 6 trillion cubic feet have been found. The company awaits a government license to advance this project, which would supply approximately 13 million cubic meters of gas daily to Colombia via pipeline.
Turning to Africa, Petrobras has outlined plans for exploratory drilling to commence in July or August within an oil block in São Tomé and Príncipe. Additionally, drilling activities in another area of South Africa are anticipated to occur in the latter half of the year, according to dos Anjos.
In summary, Petrobras is pursuing significant energy projects in Argentina, Colombia, and Africa. The company’s ventures include potential gas utilization from the Vaca Muerta region in Argentina, advancing offshore developments in Colombia, and executing exploratory drilling operations in Africa. These initiatives are crucial for the company’s strategy to bolster its reserves amidst regulatory challenges in Brazil.
Original Source: www.marinelink.com
