Petrobras intends to invest US$78 billion in the next five years, according to the state-owned company's strategic plan for the 2023 to 2027 period, released on Wednesday (Nov. 30).
The amount is 15% above the average of previous plans.
In addition to the US$78 billion, another US$20 billion will be spent on contracting platform ships for oil and natural gas production.
According to Petrobras, this represents a resumption of the pre-covid level of investments.
Petrobras' strategic plan focuses on the oil and natural gas exploration and production sector, where 83% of total investments in . . .