In this episode -
In this episode of the EIC Clearly podcast, host Stuart Broadley speaks with Lourenço Fróes, Coordinator of the new FPSO program at Petrobras. With over 20 years at the company, Lourenço shares insights into Petrobras’ ambitious $111 billion investment plan, which includes ten new FPSOs by 2029, refinery expansions, and major offshore projects.
The discussion explores how Petrobras is balancing scale with sustainability, delivering record-breaking production while maintaining one of the lowest carbon intensities in the industry. Lourenço also highlights the importance of local content for Brazilian shipyards, and how innovation in digitalization, subsea CO₂ separation, and project optimization is shaping the future of Petrobras.
What Is the EIC?
The Energy Industries Council (EIC) is one of the world’s largest energy trade associations. As a not-for-profit organisation, it supports more than 950 member companies involved in the global energy value chain. EIC operatesinternationally, with offices in London, Kuala Lumpur, Rio de Janeiro, Houston, Dubai, and soon, Berlin.
It is energy agnostic, supporting all parts of the energy sector. From mature renewable onshore and offshore sectors like wind, solar and hydropower; to grid infrastructure and large nuclear; to hydrocarbon sectors like oil & gas, LNG, FPSO, decommissioning, upstream, midstream and downstream; to emerging low-carbon sectors like hydrogen, carbon capture, CCUS, energy storage, BESS, biofuels, SAF (sustainable aviation fuels), and geothermal.
EIC provides a wide range of services, including access to global market intelligence, CAPEX and OPEX project data, consulting support, events, business development opportunities, and advocacy. It also facilitates connections with key decision-makers and policymakers in the energy sector worldwide.
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