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Petrobras leads discoveries of new oil reserves worldwide

By Juliana Estigarríbia

Brazil, Namibia, and Guyana lead the discoveries of new oil reserves worldwide, with state-owned companies spearheading this movement alongside private giants.

In the case of Petrobras, the exploration of new wells in 2023 should be crucial to the company's value generation, according to analysts heard by Bloomberg Línea, given the need to develop them to ensure the perpetuity of production volumes.

Total (TTE), Petrobras, and QatarEnergy led discoveries of oil and gas resources in 2022, according to consultancy Wood Mackenzie survey.

"Oil exploration results had been disappointing through 2021, but we had promising. . .

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