Oil and gas sector to invest US$19 billion in Brazil until 2025

The investments will focus on oil exploration and should open more than 500,000 job openings in the area, says Abespetro.

The oil and gas sector should invest R$102 billion in Brazil by 2025. This will open 525,000 job openings in the country's oil exploration and production.

The projections, published on Tuesday, August 2, are from Abespetro (Brazilian Association of Oil Services Companies) in partnership with Deloitte.

The figure is a consolidation of data from PPSA (Subscribe to our Premium Membership Plan. Already Subscribed?