Pre-Salt

Change in rules unlock investment in the oil and gas chain, says Carlos Abijaodi of CNI

T&B Petroleum/Agência CNI de Notícias
12/08/2016 20:48
Change in rules unlock investment in the oil and gas chain, says Carlos Abijaodi of CNI Imagem: Divulgation CNI/Carlos Abijaodi Visualizações: 1836 (0) (0) (0) (0)

The recovery of investments in the oil sector will speed up the resumption of growth of the Brazilian economy. However, for this to occur, it is necessary to improve the regulatory framework of the pre-salt, more flexible clause that obliges Petrobras to participate in all oil exploration blocks on a sharing basis. "In practice, this means that no relevant round of the pre-salt will be held while Petrobras to recover their finances," said Carlos Abijaodi, Industrial Development Director of the National Industry Confederation (CNI).

 

The role of Petrobras in the pre-salt exploration was hearing theme held by the House of Representatives to discuss the bill in 4567/16, which provides Petrobras to choose which pre-salt blocks exploring - under the current rules, the state has minimum of 30% in each winning consortium. Given the financial crisis facing, however, Petrobras has no capacity to take on new exploration blocks in the pre-salt, catching new auctions and therefore the entire oil and gas chain.

 

Abijaodi pointed out that the sharp drop in investment of Petrobras led to the closure of high-tech companies in the country and thousands of jobs, accentuating the crisis, especially in municipalities with growth linked to the sector. In addition, no impact on the collection of the State, affecting their health and education financing capacity. "The slowdown in oil exploration in Brazil is destroying a heritage that cost us a lot to build," said the director.

 

INVESTMENT AND EMPLOYMENT - According to data from the Brazilian Association of Oil Service Companies (ABESpetro), paralysis in investments in the production chain of oil and gas led to the loss of 510,000 jobs between suppliers and service providers since 2012. Furthermore, for every $ 1 billion invested in the sector, are created 25,600 jobs. "We need to re-energize the industry, we can capture immediate investment," said the executive secretary of ABESpetro, Gilson Freitas Coelho.

 

Most Read Today
see see
International Company News
Alkhorayef Petroleum Company acquires GRC Technologies, ...
01/10/25
Pre-Salt
FPSO P-78 arrives at the Búzios Field
01/10/25
RD&I
Brazil Has the Capacity to Develop Its Own Technology fo...
01/10/25
Equatorial Margin
Ibama Approves Pre-Operational Assessment (APO) Conducte...
26/09/25
Sustainable Aviation
Embraer Advances SAF Studies Following Acquisition of Bi...
26/09/25
International Company News
ExxonMobil Guyana Expands Capacity With Seventh Offshore...
24/09/25
International Company News
More LNG for Europe
24/09/25
International Company News
Viking Completes Milestone Delivery to African Energy Pr...
24/09/25
Company News
CHC Helicopter Opens Hangar at Farol de São Tomé Helipor...
22/09/25
International Company News
“Sercel supplies sensors and trucks for major North Afri...
22/09/25
Geological Studies
R&D Clause Enables Project to Strengthen Critical Minera...
15/09/25
Fuels
ANP Approves Pilot Project with New Fuel Inspection Equi...
15/09/25
RD&I
Sensor Developed by Unicamp and UnB Advances in Internat...
15/09/25
Event
ABPIP Hosts SMS Oil & Gas Meeting Focused on Leadership,...
15/09/25
International
Petrobras announces participation in exploratory block i...
15/09/25
REVAP
Revap Maintenance Shutdown Involves R$ 1 Billion Investment
15/09/25
Rio Pipeline & Logistics 2025
Tanacas celebrates 25 years with the launch of the Smart...
11/09/25
Rio Pipeline & Logistics 2025
Offshore Projects to Strengthen Energy Security in Brazi...
11/09/25
Rio Pipeline & Logistics 2025
IBP Booth Hosts Inspiring Debate on Women in Midstream a...
11/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline 2025 Exhibition Showcases Innovations in En...
11/09/25
Production
Brazil’s Federal Government Oil and Natural Gas Producti...
11/09/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.