Petrobras is exploring new projects in Argentina for gas and oil, drafting developments in Colombia for gas supplies, and planning exploratory drilling in Africa, reflecting a strategic expansion amid domestic regulatory challenges.
Petrobras is exploring opportunities across Argentina, Colombia, and Africa, according to the exploration and production head Sylvia dos Anjos. The company finds interest in gas from Argentina’s Vaca Muerta region, which could be transported via an established pipeline linking Argentina, Bolivia, and Brazil. Additionally, Petrobras is scouting for oil prospects in Argentina to replenish its reserves as it faces challenges in obtaining environmental licenses to drill in Brazil.
In Colombia, Petrobras is preparing a development plan for an offshore project that has identified 6 trillion cubic feet of gas. The project aims to supply approximately 13 million cubic meters of gas daily to Colombia through a pipeline, pending government licensing. This reflects the company’s strategic efforts to tap into South American energy resources amid regulatory obstacles.
As for Africa, Petrobras is planning to drill exploratory wells in Sao Tome and Principe between July and August, reflecting its commitment to expand operations in the region. Additionally, drilling is anticipated in another area in South Africa in the latter half of the year. These endeavors signify Petrobras’s ambition to increase its global footprint in the oil and gas sector.
In summary, Petrobras is strategically pursuing opportunities in Argentina, Colombia, and Africa. The company’s interest in Argentina’s gas and oil resources is driven by the desire to overcome domestic drilling challenges. In Colombia, a significant offshore gas project is in development, while exploratory drilling is planned in Africa. These initiatives highlight Petrobras’s commitment to expanding its production capabilities beyond Brazil.
Original Source: www.marinelink.com
