More vessels in Brazil?

The president of Petrobras, Jean Paul Prates, declared that the Brazilian state oil company intends to increase the building of ships aiming the oil and gas exploration. The company has ear marked R$ 1.7 trillion (around 8.5 trillion dollars) until 2026, promised by the federal government through the PAC (Growth Acceleration Program in free translation) and also by private companies.

“We are going to have sufficient handling movement and practically equivalent to the peak production of national shipyards during President Lula’s term. In this process, we will decommission old platforms and production systems, bring in new platforms and build ships in Brazil. We are going to fully employ our shipyards again in Rio de Janeiro, Bahia and the rest of the Northeast. In the South, we already have revitalizated shipyards in Rio Grande”, commented Prates.