Fabio Palmigiani
Americas correspondent at Upstream
Opinion

‘Easy to deliver’ Petrobras plan faces harsh exploration challenges

Brazilian company seeks to replenish oil reserves but is struggling to make new finds

Petrobras plans to spend around $77 billion on exploration and production though 2029, but is having difficulties making new finds.
Petrobras plans to spend around $77 billion on exploration and production though 2029, but is having difficulties making new finds.UPSTREAM/RYTIS DAUKANTAS
Published 27 November 2024, 11:54Updated 27 November 2024, 12:12
BrazilPetrobrasMagda ChambriardCampos basinSantos basin