Petrobras to order 48 vessels

Petrobras CEO Magda Chambriard detailed on Monday (26) that the state-run oil firm will contract 48 vessels with national content in their manufacturing. To this end, the company will invest BRL 118 billion [USD 21 billion] in the contracts, which are expected to create 180,000 jobs. The information was shared during her participation in the New Industry Brazil Forum held by state lender BNDES in Rio de Janeiro.

“We’re talking about an investment of BRL 118 billion in Brazil within the scope of these 48 vessels. We’re also talking about 180,000 new jobs created by such investments. I’m not just talking about jobs—I’m talking about positions. I’m not just talking about investment—I’m talking about investment in Brazil,” said Chambriard. According to her, the vessel contracts will have their bidding processes launched by December 31, 2026.

Fuel prices

Magda Chambriard also said the company monitors international market movements and does not rule out reducing fuel prices in Brazil if oil prices fall. According to her, this monitoring is constant inside the company and is carried out every 15 days. In this process, the company aims to eliminate market volatility.

The Petrobras executive explained that the only fuel the company adjusts monthly is aviation kerosene. “It’s a contractual matter. I haven’t done the calculation yet, but if the Brent price has dropped and the exchange rate has been appreciated, all the conditions are in place for an adjustment,” she said, without revealing what kind of adjustment might occur.

Source: ANBA

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