Sustainability initiatives in Petrobras' decommissioning projects
Luciana Guerra
INTERNA
Sustainability initiatives in Petrobras' decommissioning projects
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Luciana Guerra
May, 6th 2024
Disclaimer
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CAUTIONARY
STATEMENT
We present certain data in this presentation, such as oil and gas resources and reserves, that are not prepared in accordance with the United States Securities and Exchange Commission (SEC) guidelines under Subpart 1200 to Regulation S-K, and are not disclosed in documents filed with the SEC, because such resources and reserves do not qualify as proved, probable or possible reserves under Rule 4-10(a) of Regulation S-X.
How big is our challenge?
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Over US$ 11 billions within the next 5 Years (24-28)
Significant portfolio of decommissioning projects
4
3
• Campos Basin
• Santos Basin
1%
23%
US$
5% 11.4 Bi
71% | 70% wells |
30% equipment |
Campos Basin
Santos Basin
23 Platforms within the five-year
period | SP 24-28 AFTER 28 | |
Fixed | 9 | |
Floating | 14 |
~1900 km of flexible lines
~550 offshore wells
• North and
New Policy for Sustainable Decommissioning of Platforms
1 15
Northeast
+ 40 assets post
2028
- Technical criteria to ensure compliance with ESG practices
- Focus on circular economy, safety and care for people and the environment
P-32 - already in the recycling yard
P-33 - auction finalized - Temporary docking
4
What is our ambition?
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To become a global reference for decommissiong with focus on value
generation, safety,
sustainability, and care for
people and the
evironment.
CONFIDENCIAL
What do we want to achieve?
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An ocean of opportunities to contribute to
SDGs
What do we want to achieve?
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Minimize risks and adverse impacts
Intelligent use of
resources
Promote Human | Positive |
Rights | Legacy |
Stakeholder engagement
Improve the
economics
Expand socioeconomic benefits
Promote integrity and tranparency
Improve safety and
well-being
CONFIDENCIAL
What have we done so far?
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Governance initiatives:
Integrated communication and stakeholder engagement plan
Massively publicize our demand with extended horizon
Basic Notions training for the workforce and external stakeholder
Decommissioning web page
PETROBRAS
Decommissioning
webpage
Internal Advertising campaign
Active Participation in forums, committees and events
What have we done so far?
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Environment initiatives :
Multi-CriteriaDecision-Making Tool to support the selection of subsea decom solutions
• Restriction on Fishing Activities
• Employability (generation | maintenance of jobs)
• GHG emissions
• Water Consumption
• Stakeholders engagement
What have we done so far?
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Circularity initiatives:
Reuse of flexible lines
New Guidelines for Sustainable Recycling of Floating Assets (auctions P-32 and P-33)
Temporary docking contracts
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Disclaimer
PETROBRAS - Petróleo Brasileiro SA published this content on 06 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 May 2024 22:22:03 UTC.