Petrobras said it plans to invest another $654.38+0.5 billion between 2008 and 2065 to set up a joint venture oil enterprise outside Brazil. The company has invested 6.6 billion US dollars in 23 countries, and obtained the daily output of 200,000 barrels of crude oil from Angola, Argentina, Peru, the United States, Venezuela and other countries.
Jose Gabbrielli, CEO of Petrobras, said in new york on June 12 that the company will invest 33.5 billion US dollars to develop its offshore oil resources. The company has announced that in the five-year plan from 2008 to 20 12, the annual capital expenditure will reach $22.5 billion, with a total investment of11200 million, which will be used for the exploration, development and refining of crude oil. In 20 12 years, its daily oil and gas production target is 3.494 million barrels equivalent.
According to the plan, Petrobras' investment in China is 97.4 billion US dollars, accounting for 87% of the total investment; Overseas investment is $654.38+0.5 billion, mainly concentrated in oil exploration in Latin America, Gulf of Mexico and West Africa.
Petrobras acquired the oil and gas exploration rights in 22 blocks in the Gulf of Mexico with a bid of $6,543.8+$79 billion. These blocks are located in deep water areas, half of which are exclusively exploited by Petrobras, and the other half are jointly exploited by Petrobras and Devon Energy.
The United States is one of the key points for Petrobras to expand its overseas business. According to the investment plan made by Petrobras, the company will invest 4.9 billion US dollars in the United States in the next five years to expand its oil exploration and production business in the United States. Petrobras announced the discovery of some oil fields off the coast of Brazil. CEO Gabbrielli said that once these oil fields are developed, Petrobras intends to refine crude oil into diesel, naphtha and other refined oil products in Brazil, which is more cost-effective than exporting crude oil and importing refined oil products.
Petrobras revealed that it plans to build two new refineries. After they are put into operation in 2065.438+04, the daily crude oil processing capacity will reach 6.5438+0000 barrels, making it the third largest refinery in the world after ExxonMobil and Shell.
Gabbrielli once said that Petrobras is currently seeking to acquire refining facilities in Japan and the United States, and they hope to shift their business center to selling more refined oil instead of directly exporting crude oil, although the company may have discovered the largest offshore oil field in the past 30 years.
Petrobras recently announced that it plans to invest another $29.6 billion in downstream industries (i.e. oil refining) in the five years from 2008 to 20 12, so as to expand the oil refining capacity by 50% and increase the daily crude oil processing capacity to about 3 million barrels.
Petrobras will vigorously strengthen cooperation with other Latin American oil companies in refinery construction, and will participate in the expansion of refineries in Uruguay and Paraguay, build a new refinery with a daily processing capacity of 300,000 barrels in Ecuador, transform refineries in Cuba and Jamaica, and plan to build a new large refinery in Nicaragua and Panama.
In 2004, Petrobras set up a representative office in Beijing and signed a cooperation agreement with China Petrochemical Company. Petrobras mainly exports heavy oil from Campos Basin to China. Marcelo Castillo Dassler, chief representative of Petrobras in Beijing, said in an email to reporters that as of May 2008, Petrobras had exported about120,000 barrels of crude oil to China, with a total value of1200 million US dollars. Marcelo said that Petrobras will further expand its business in China, but he did not disclose more details.