The state-owned player is calling for investments of $74.1 billion, while taking steps to deleverage its heavy debt burden by increasing the sale of non-core assets.
Petrobras' new capex for the next five years represents a sharp 25% decrease from the $98.4 billion outlined in the previous strategic plan from 2015 to 2019.
However, the company disclosed its intention to expedite the ongoing divestment process, setting a new target to sell $19.5
