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Brazil’s Oil and Gas Sector to Attract Over $120 Billion in Investments by 2029

Summary by The Rio Times

Brazil’s oil and gas industry is set for a major boost, with investments projected to surpass R$ 609 billion ($122 billion) between 2025 and 2029, according to data from the National Agency of Petroleum, Natural Gas, and Biofuels (ANP). These funds will largely focus on offshore production in Brazil’s Campos and Santos Basins, which will […]

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Brazil’s Oil and Gas Sector to Attract Over $120 Billion in Investments by 2029

Brazil’s oil and gas industry is set for a major boost, with investments projected to surpass R$ 609 billion ($122 billion) between 2025 and 2029, according to data from the National Agency of Petroleum, Natural Gas, and Biofuels (ANP). These funds will largely focus on offshore production in Brazil’s Campos and Santos Basins, which will […]

23 hours ago·Brazil

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The Rio Times broke the news in Brazil 23 hours ago on Friday, February 21, 2025.

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