{"id":382736,"date":"2025-02-17T13:41:59","date_gmt":"2025-02-17T16:41:59","guid":{"rendered":"https:\/\/anba.com.br\/?p=382736"},"modified":"2025-02-17T13:42:02","modified_gmt":"2025-02-17T16:42:02","slug":"brazils-petrobras-eyes-africa-to-boost-reserves","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazils-petrobras-eyes-africa-to-boost-reserves\/","title":{"rendered":"Brazil\u2019s Petrobras eyes Africa to boost reserves"},"content":{"rendered":"\n

Rio de Janeiro \u2013 Petrobras<\/a> aims to buy stakes in African oil assets to boost its reserves as it expects output to fall after 2030. The interest in purchasing wells\u2014mainly in Angola, Namibia, and South Africa\u2014was revealed by Petrobras\u2019 Exploration and Production director, Sylvia dos Anjos, in New Delhi, India.<\/p>\n\n\n\n

According to the director, the Brazilian state energy firm is in talks with multinational oil companies, such as ExxonMobil (USA), Shell (UK), and TotalEnergies (France), which are already partners of Petrobras in oil production in Brazil.<\/p>\n\n\n\n

The information was given to Reuters news agency on Wednesday (12) and confirmed by Ag\u00eancia Brasil<\/strong>. The director participated in the India Energy Week, an international meeting that brings together representatives from the oil industry.<\/p>\n\n\n\n

According to the director, acquiring oil fields in African countries makes sense for the company\u2019s portfolio. Petrobras\u2019 intention comes at a time when the company is seeking new exploration and production frontiers to reverse the expected decline in current reserves projected for the 2030s.<\/p>\n\n\n\n

Back to the African continent<\/strong><\/h2>\n\n\n\n

Petrobras resumed operations on the African continent last year. On February 8, the firm completed the acquisition of stakes in three exploratory blocks in S\u00e3o Tom\u00e9 and Pr\u00edncipe, located on the west coast of Africa. It holds a 45% stake in two blocks and 25% in the third.<\/p>\n\n\n\n

In October 2024, Petrobras\u2019 Board of Directors approved the company\u2019s operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block through a competitive process led by TotalEnergies. According to Petrobras\u2019 2025-2029 Business Plan, the 10% stake in the South African block is subject to local government approval.<\/p>\n\n\n\n

Read more:
<\/em>Petrobras plans $111 billion investment by 2029<\/a><\/p>\n\n\n\n

Translated by Guilherme Miranda<\/strong><\/p>\n

Tomaz Silva\/Ag\u00eancia Brasil<\/div>","protected":false},"excerpt":{"rendered":"

According to Petrobras\u2019 director for exploration and production, Sylvia dos Anjos, the Brazilian state-run oil firm is looking to acquire oil fields in African countries.<\/p>\n","protected":false},"author":2315,"featured_media":382730,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[49688,1948,9534,2099,52433,10156,6831],"class_list":{"0":"post-382736","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-africa-3","9":"tag-angola","10":"tag-brazil-en","11":"tag-energy","12":"tag-namibia-2","13":"tag-petrobras-en","14":"tag-south-africa"},"wps_subtitle":"According to Petrobras\u2019 director for exploration and production, Sylvia dos Anjos, the Brazilian state-run oil firm is looking to acquire oil fields in African countries.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/382736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=382736"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/382736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/382730"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=382736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=382736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=382736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}