Partnership

Petrobras to invest in research offshore and in Antarctica

Some $100 million will be invested in the next five years

Agência Brasil
10/08/2019 03:20
Petrobras to invest in research offshore and in Antarctica Imagem: Divulgation Visualizações: 1070 (0) (0) (0) (0)

Brazil’s state-controlled oil giant Petrobras on Wednesday (Aug 7) signed a deal with the Brazilian Navy to invest some $100 million in research on the country’s maritime territory—the Blue Amazon—and Antarctica. The move renews the over-30-year-old partnership between the firm and the Navy for another five years.

 

The partner, Petrobras declared, is backed by the National Agency for Oil, Natural Gas, and Biofuels, and should support research aiming to ensure the exploration the sustainable use of sea resources.

 

In addition to funding, the oil company is also bringing in technical support and involvement to scientific missions spearheaded by the Navy. Petrobras investment will come under the Sector Plan for Sea Resources, a branch of the Brazilian Antarctic Program.

Most Read Today
see see
Offshore Wind Energy
Brazil and the Netherlands promote seminar on offshore w...
06/05/25
Company News
Prime Energy expands operations in Minas Gerais
06/05/25
OTC Houston 2025
Brazil Brings the Largest Foreign Delegation to Oil and ...
05/05/25
OTC Houston 2025
IBP Featured in OTC Houston 2025 Lineup
05/05/25
OTC Houston 2025
To showcase Rio de Janeiro’s energy potential, Firjan ar...
05/05/25
OTC Houston 2025
Petrobras participates in OTC 2025, in Houston (USA
05/05/25
OTC Houston 2025
MODEC Group Professionals to Be Honored at OTC 2025
05/05/25
International Company News
TVO Adds to Global Business Development Team
01/05/25
Ethanol
Sugarcane production estimated at 663.4 million tons for...
30/04/25
OTC Houston 2025
Brazilian industry to attend OTC 2025 aiming to expand i...
30/04/25
Carbon Capture
Impact Hub and Tencent launch program offering up to 1 m...
30/04/25
International
Petrobras presents investment opportunities in the naval...
30/04/25
Results
Petrobras production grows 5.4% and reaches 2.8 million ...
30/04/25
Carbon Reduction
Report: Baker Hughes Achieves Nearly 40% Reduction in Op...
29/04/25
Natural Gas
Comgás launches public call for natural gas acquisition
29/04/25
Royalties
Values related to February production under concession a...
29/04/25
Biogas
TBG develops Biogas Hub project to boost biofuel integra...
29/04/25
OTC Houston 2025
OTC 2025 Announces Emerging Leaders Class
25/04/25
OTC Houston 2025
Renown Deep-Sea Diver Chris Lemons to Speak at OTC 2025
15/04/25
SPE
Sustainability in the Oil and Gas Industry
15/04/25
Energy Efficiency
Foresea Develops Technologies to Reduce Emissions and In...
14/04/25
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.