Petrobras should spend around 6 billion dollars on decommissioning plan for offshore platforms, gas pipelines and offshore wells


In 2022 and 2023, Petrobras should spend 1.1 billion dollars each year, and another 1 billion in 2024 for decommissioning platforms

According to a statement on Monday (28), Petrobras is expected to spend approximately 6 billion dollars on a decommissioning plan for platforms, underwater pipelines and offshore wells. This cost is estimated from ongoing projects for these assets until 2024.

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In this year of 2020, the estimated cost was 500 million dollars. The total cost is expected to rise to $ 2.3 billion next year. In 2022 and 2023, Petrobras is expected to spend 1.1 billion dollars each year, and another 1 billion in 2024.

The state-owned company also said it estimates an inflow of US $ 1 billion in cash for divestments in 2020, after receiving US $ 14.4 billion last year.

The term is defined by the National Petroleum Agency (ANP) as follows: “Decommissioning is the set of legal actions, technical and engineering procedures applied in an integrated manner to an Offshore system in order to ensure that its deactivation or cessation of production reaches the conditions security, environmental preservation conditions, reliability and traceability of information and documents ”.

The decommissioning project for a platform involves a series of professionals working in the areas, such as civil, marine and naval engineers, in addition to project management, topography, professionals in the various areas dedicated to the environment, waste management, recycling, catering and maritime support.

According to consultancy Wood Mackenzie, the decommissioning market could attract $ 90 billion to $ 100 billion over the next 10 years. Brazil, even due to the characteristics of our platforms, in which 45% are more than 25 years old, may turn over US $ 9 billion in the next 10 years. And all of this opens up an opportunity for economic action.


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