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How much is the Amazon Mouth worth to Petrobras? Scotiabank's accounts

Eleições? Para a Petrobras, as definições sobre a exploração da Foz do Amazonas serão bem mais importantes do que o resultado das urnas neste ano. Esta é a visão dos analistas do ScotiaBank, Jorge Gabrich e Pedro Nascimento, que se debruçaram sobre as perspectivas para essa nova fronteira da indústria de óleo e gás do […] The post Quanto vale a Foz do Amazonas para a Petrobras? As contas do…

Translated from Portuguese Read in Portuguese

Analysts at ScotiaBank, Jorge Gabrich and Pedro Nascimento, have assessed the prospects for oil and gas exploration in the Foz do Amazonas region for Petrobras. The region is crucial for maintaining Petrobras' production levels beyond 2032, with estimated reserves that could generate billions of dollars. The northwest portion of the basin could receive five drillships, extracting 4.73 billion barrels, with peak production of 842,000 barrels per day of oil in 2038.

The region's potential value is estimated at $15.9 billion, or $20.3 billion with a higher Brent price, adding R$ 6.65 to Petrobras' valuation per share.

Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at braziljournal.com →

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