RIO DE JANEIRO, Feb. 4 (Chinese media) -- Brazil's state-owned oil and gas giant Petrobras plans to invest 92 billion U.S. dollars in the domestic market from 2009 to 2013, according to the company's newly-released business plan.
With the investment, which represents a 41-percent increase from that in the five-year plan commencing 2008, Petrobras expects to boost domestic oil production to 2.68 million oil barrels per day by 2013.
According to the Exploration and Production Business Plan, a total of 29 billion reais (12.5 billion U.S. dollars) will be channeled to the pre-salt layer oil field projects in the Santos and Campos basins, off Brazil's southeastern coast, where the company foresees a production of 219,000 barrels per day by 2013 and expects a daily output of 1.8 million barrels by 2020.
An investment of 13.8 billion dollars will be made in the exploration of 278 blocks in the basins of Equatorial Margin, Ceara and Potiguar, Solimoes, Sergipe and Alagoas, Bahia Sul, Sao Francisco, Espirito Santo, Campos, Santos, and Pelotas.
This year, Petrobras will contract at least six new platforms and prepare the public bidding process for six other platforms for the pre-salt layer oil fields.
The six new platforms will be built in Rio Grande do Sul state and are expected to start operation between 2013 and 2017.
The company will also initiate this year the public bidding process for 28 ultra deep water drills.
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