Brazil's Petrobras to look into Venezuela opportunities, says head of E&P
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Brazil's Petrobras is exploring opportunities in Venezuela, according to Sylvia Anjos, head of Exploration and Production. While she acknowledges Venezuela's potential, she warns of investment risks, particularly regarding environmental concerns in Lake Maracaibo. Anjos does not foresee a short-term increase in Venezuela's production, viewing it as no threat to Petrobras. Additionally, Petrobras is seeking opportunities in Africa, with recent exploration license acquisitions in Ghana, Ivory Coast, and Namibia, aiming to make Africa a key exploratory region outside Brazil.
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