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Magda Chambriard

Chief Executive Officer (President), Petróleo Brasileiro S.A. - Petrobras

Search every verified Magda Chambriard interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Magda Chambriard, president of Petrobras, discussed the company's oil discovery in deep waters off the coast of Amapá, in the Brazilian equatorial margin, during an August 2026 press conference and a subsequent interview with BandNewsTV. She described the discovery as the result of years of work and investment, stating that oil was collected in a well at a water depth of 2,880 meters. Chambriard said the company plans to drill three additional wells in the area, with the goal of quantifying the block's full potential within two years and potentially beginning production within six to seven years. She attributed the discovery's significance to its potential to replenish Brazilian reserves as pre-salt production is expected to decline starting in 2034, and she stated that Petrobras has never had an accident during its exploratory drilling phases. In a September 2026 lecture titled "The Importance of Petrobras for Brazil," Chambriard discussed the company's role in national development and the impact of geopolitical events, including the Gulf War and the closure of the Strait of Hormuz, on global inflation and economic growth. She noted that Petrobras has exceeded its production goals, increased gas supply to the Brazilian market, and that its refineries are operating beyond design capacity. During the lecture, an attendee suggested that Chambriard should also serve as a minister of oil and gas, a proposal she responded to by saying, "Me deixa na Petrobras quietinha, gente" ("Leave me quietly at Petrobras, folks").

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