Ensuring Transparency and Safety
Clarification on Guamaré Industrial Asset
In response to recent social media concerns, Petrobras has issued a statement clarifying the situation surrounding the fire at the Guamaré Industrial Asset in Rio Grande do Norte. The company stressed that since June 7, 2023, this asset has been under the ownership of 3R Potiguar SA (3R), following the sale of Polo Potiguar, which included 20 other concessions.
3R Potiguar SA’s Acquisition
3R Potiguar SA, a Brazilian company specializing in the oil and gas sector, acquired Polo Potiguar, including the Guamaré Industrial Asset, for $1.16 billion (BRL 6.2 billion). Furthermore, this strategic move by Petrobras was part of its broader shift towards deep-water exploration and production. It also represented a concerted effort to divest certain assets to reduce debt.
Petrobras’ Commitment to Safety
Petrobras utilized the opportunity to reaffirm its commitment to maintaining high safety standards in its refineries. Additionally, the company underscored that its operations adhere to applicable legislation and industry best practices. Moreover, this statement aims to reassure stakeholders about Petrobras’ dedication to safety and environmental responsibility.
Impact of the Polo Potiguar Sale
The sale of Polo Potiguar to 3R Potiguar SA has broader implications for the Brazilian oil and gas market, including increased competition and potential job impacts at Petrobras, particularly in Rio Grande do Norte. The future of the Guamaré Industrial Asset and its safety standards under new management remains a point of discussion.
Petrobras’ Recent Safety Record
Petrobras highlighted its improving safety indicators over the past three years, with a notable reduction in the Lost Time Injury Frequency Rate (LTIFR). This improvement reflects the company’s focus on behavioral safety programs, process safety management, and thorough incident investigation, despite challenges such as aging infrastructure and workforce turnover.
Addressing Criticisms and Concerns
While Petrobras has shown improvements in safety measures, there remain concerns about environmental incidents and potential underreporting of accidents. The company continues to face scrutiny over its environmental and safety practices, underscoring the importance of transparency and continuous improvement in these areas.
Final Summary
Petrobras’ clarification regarding the recent fire at the Guamaré Industrial Asset highlights the company’s efforts to maintain transparency. Additionally, it reflects its continued commitment to high safety standards. Furthermore, the sale of Polo Potiguar to 3R Potiguar SA marks a significant shift in the Brazilian oil and gas sector. This has implications for the industry’s competitive landscape and employment.
Petrobras’ focus on improving its safety record and addressing ongoing challenges further reflects its dedication to responsible and safe operations in the energy industry.
Sources: THX News, Petrobras’ Sustainability Report 2022, Brazilian Union of Oil and Gas Workers (FUP), Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP) & Petrobras.
