, will keep total investments in its upcoming 2024-2028 business plan similar to the $78 billion foreseen in its latest five-year plan, CEO Jean Paul Prates told Reuters on Monday.
In an interview from Petrobras offices in Rio de Janeiro, Prates said the value of investments in the new plan "shouldn't differ much because from one year to the next you can't make many moves." Prates said even as the new business plan will highlight plans at Petrobras for an energy transition, the company will continue to focus on its strengths in offshore oil exploration, especially in the vaunted "pre-salt" fields off Brazil's coast.
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