The Federation of Industries of Espírito Santo (Findes) launched this Monday (24) the 6th edition of the Yearbook of the Oil and Natural Gas Industry in ES. The document gathers the most important data and analyzes of the sector, in addition to presenting a projection of oil and gas production until 2027.

According to the study, projects will be carried out in Espírito Santo, involving mainly the companies PRio, Petrobras, Shell and Seacrest Petróleo. Together, they total BRL 8.8 billion. The highlight is the Parque das Baleias Integrated Project (IPB), which intends to install the FPSO Maria Quitéria in the Jubarte field, located on the south coast of Capixaba.

The launch of the publication took place at Palácio Anchieta, in Vitória/ES, and was attended by the state governor, Renato Casagrande, the vice-governor, Ricardo Ferraço, the president of Findes, Cris Samorini, the vice-presidents of Findes Alexandre Baraona and Eduardo Dalla Mura, as well as state secretaries and other authorities, municipal representatives, businessmen and specialists in the sector.

On the occasion, the president of the Federation, Cris Samorini, stated that the Yearbook - produced by the Findes Industry Observatory, with the support of Sebrae and the Capixaba Forum of Oil, Gas and Energy (FCPGE), of the National Organization of the Petroleum Industry (Onip) and the Brazilian Petroleum Institute (IBP) - is an important tool to draw an x-ray of one of the main economic segments of the State.

Still according to Cris, the Yearbook anticipates scenarios and presents fundamental projections for us to understand where the oil and natural gas segment is heading, which contributes to the development of the State.

“If we are strategic and do joint planning – and the Yearbook is a very rich tool in this process – we will be able to extract the best that the sector has today, to generate jobs, income, attract more businesses that diversify our activities and refer us to the world. Today, the sector represents 4.6% of Espírito Santo's GDP, having a production chain composed of more than 520 industries, responsible for maintaining 12 thousand direct jobs”, points out the industrialist.

The governor of Espírito Santo recalls that the oil and natural gas sector is of fundamental importance for our State, representing 20% of the economy of Espírito Santo.

“We have public and private investments that will help in the development of the regions, such as the recently inaugurated Linhares gas pipeline, by ES Gás, which interconnected the city's urban distribution network to the gas transport structure, and the gas pipeline connecting São Mateus until close to a truck industry, further north of the municipality. These are some examples of actions that we are monitoring, delivering and planning so that the sector can generate more jobs and income for the people of Espírito Santo, in addition to opening up more opportunities for our companies", comments Casagrande.

Investments until 2027

Along the way of the oil and gas sector in ES are several investments that will total R$ 8.8 billion until 2027. Among the highlighted projects is the Parque das Baleias Integrated Project (IPB). The chief economist at Findes and executive manager of the Industry Observatory, Marília Silva, points out that it will contribute to increasing the oil and gas recovery factor by optimizing the current drainage network, with the interconnection of a new FPSO ( platform ship).

“In February 2022, Petrobras and Yinson signed the contract for chartering and providing services for FPSO Maria Quitéria. The forecast is that the new platform will be operating in the last quarter of 2024. Currently, the project is in Petrobras' Strategic Plan 2023-2027", she recalls.

In addition to this investment, there are also announcements by oil companies and other companies that are interested in adding new areas to their portfolios or expanding their activities in ES. The table below presents the main projects raised by the Industry Observatory.

Platform decommissioning will generate BRL 2.45 billion

There are also forecasts for the State, in a slightly closer horizon (until 2026), 18 Installation Decommissioning Programs (PDI's) approved, 17 of which refer to the Espírito Santo Basin (all onshore) and one referring to Campos Basin in confrontation with the State, FPSO Capixaba.

The Business Environment manager at the Findes Industry Observatory, Gabriela Vichi (photo), explains that the decommissioning of facilities is the safe destination of oil and natural gas exploration and production structures after the end of their production phase.

“Decommissioning creates opportunities for several companies. Among the activities that take place during the removal of these structures are the removal of the facilities; the razing of wells; proper disposal of materials, residues and rejects; and the environmental recovery of the area”, she comments.

For Espírito Santo, between 2022 and 2026, the decommissioning of 751 wells will generate R$ 2.45 billion in investments in the same period, of which R$ 781.2 million in the Campos Basin and another 1.66 billion in the Espírito Santo Basin .

About the Yearbook

In its 6th edition, the Yearbook of the Oil and Natural Gas Industry in Espírito Santo gathers the most important data and analysis variables of the sector for the State.

The chief economist at Findes, Marília Silva, explains that the Yearbook is supported by institutions such as the Brazilian Petroleum Institute (IBP) and the National Petroleum Industry Organization (Onip), in addition to articles by relevant industry representatives.

“Since the first edition (2017), the Yearbook of the Oil and Natural Gas Industry in Espírito Santo has aimed to strengthen and develop the oil and natural gas industry in the State through the analysis of the most important variables of the segment, combining technical rigor and structured, up-to-date and reliable information. This objective is achieved by disseminating information that is capable of ensuring reliability and predictability for decision-making by actors, especially in attracting new investments to Espírito Santo”, she comments.

Gabriela Vichi recalls that the document has versions in Portuguese and English, in addition to an official map of the sector and a panel with navigable data.

“These products show the organization of the State in the face of data from the most representative sector of the Espírito Santo industry and place Espírito Santo at the forefront of discussions that involve the conjuncture and regulation of the sector at a regional and national level, presenting itself as a reference in the debate along to the other producing states, such as Rio de Janeiro and São Paulo”, points out the Business Environment manager at Findes' Industry Observatory.

The online Yearbook can be accessed through the link: http://findes.online/anuariopeg

Data and impacts of the oil and gas industry for ES

Oil production: 3rd place in the country.
Natural gas production: 5th place in the country.
Expected investments in the oil and natural gas sector in ES by 2027: BRL 8.8 billion.
Approved decommissioning projects for the Espírito Santo Basin: 18, 17 onshore and one (01) offshore.
Investments planned for the decommissioning of 751 wells: R$ 2.45 billion.
Economy: the sector represents 4.6% of GDP in Espírito Santo and has a weight of 20% in industry
Collection of royalties and special participations in 2022: BRL 3 billion.
Companies in the sector's production chain: 527 (5.4% more than registered in the last yearbook).
Labor Market: 12 thousand formal jobs (4.4% higher than registered in the last yearbook).
 

Sources: ANP, RAIS and MDIC | Elaboration: Findes Industry Observatory