Petrobras unveils 2030 recovery strategy
Brazil 
RIO DE JANEIRO, January 7, 2022 – Petrobras has launched an initiative to unlock 20 billion boe in its operated fields by 2030, Brazil’s state-owned E&P company announced on Tuesday.
The RES20 programme will target new reserves and the company’s pre-salt Buzios, Tupi and Mero plays.
“Our excellent pre-salt assets, the opportunity for technological development and the application of high-resolution seismic studies represent levers for us to achieve our objective,” said Fernando Borges, director of E&P at Petrobras.
The plan involves using digital technologies such as big data, artificial intelligence, cloud processing, augmented reality and digital models.
Petrobras currently produces 2.72 million boepd from its assets.
Read our latest insights on:
More content from Brazil
Latest news and features
