Transpetro expands its logistics role with the integration of PB-LOG

Transpetro completed a new step in its strategy to expand operations in oil and refined-product logistics by integrating Petrobras Logística de Exploração & Produção S.A. (PB-LOG) into its structure. With the change, Transpetro now takes on offshore support activities and emergency-response management in areas operated by Petrobras-led consortia.

PB-LOG, previously a wholly owned subsidiary of Petrobras, now becomes part of Transpetro’s management structure. The integration was approved across all governance levels and involves a capital increase within Transpetro, without new share issuance.

According to Transpetro’s president, Sérgio Bacci, the move aligns with the company’s central objective of broadening its logistical footprint and strengthening its position as a profitable state-owned operator with integrated multimodal capabilities. PB-LOG’s incorporation complements ongoing investments in pipelines, terminals, fleet expansion and inland navigation, reinforcing a strategy focused on capturing new clients and opening new market segments.

With this integration, Transpetro expands its presence in E&P logistics, leveraging synergies with PB-LOG to deliver more comprehensive and integrated services. The current growth cycle is supported by new investments in terminal capacity, pipeline modernization, fleet renewal and entry into new transport modes.

Since last year, Transpetro has launched tenders for 16 vessels — four handy tankers, eight gas carriers and four MR1 tankers — aimed at increasing coastal transport capacity. The company also advanced with procurement for 18 barges and 18 pushers to expand inland navigation, and confirmed the contracting of nine DP shuttle tankers to enhance offloading capacity for Petrobras-operated platforms.

PB-LOG, created in 2012, provides emergency-response services for offshore operations and integrated logistics solutions across land, maritime and air transport. Its operations are concentrated in Southeast Brazil, supporting 21 consortia involving 12 companies. In 2024, the company reported net income of R$533 million.