Petrobras on capital investment projects in the implementation phase

Petróleo Brasileiro S.A. – Petrobras informs that it has received Official Letter nr. 299/2023/GM-MME, by means of which the Ministry of Mines and Energy has requested information, based on Article 26, item II, of Decree-Law nr. 200, to assist the Civil House in the preparation of the new Growth Acceleration Program.

Thus, in response to the aforementioned letter, Petrobras forwarded the information of the current portfolio of capital investment projects in the implementation phase, of the business segments of Exploration and Production – E&P, Refining, Transportation and Commercialization – RTC, Gas and Energy – G&E and Renewables. Also included were investment projects that may have an impact on image, reputation, and future vision, such as exploratory projects on the Equatorial Margin or biorefining projects, even if they are in the planning stage. All the projects are foreseen in the Strategic Plan 2023-2027 (SP 2023-27), disclosed to the market on 11/30/2022.

It is worth highlighting the change in the start-up of operations of the following production systems (FPSOs), compared to the forecasts previously disclosed in the SP 2023-27: Búzios 7, from 2024 to 2025; Integrado Parque das Baleias (IPB), from 2024 to 2025; and Búzios 10, from 2026 to 2027. Considering the company’s consolidated portfolio of assets and projects, no impacts are expected on its disclosed oil and natural gas production targets.

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