Petrobras
About
Brazil's state-owned oil and gas company, controlled by the federal government and headquartered in Rio de Janeiro; Brazilian law requires the government to own the majority of its voting stock. Its business segments include Exploration & Production, Refining, Transportation & Marketing, and Gas & Low Carbon Energies, and its renewable energy businesses sit in the last of these, beside gas trading, thermoelectric power and biodiesel. In its 2025 annual report on Form 20-F, offshore wind appears only as a sector whose Brazilian legal framework is still being defined. Its stated renewable plans are onshore: partnerships for solar and onshore wind, an agreement in December 2025 to take 49.99% of Lightsource bp's Brazilian subsidiaries, and a 7 MW onshore wind turbine put into operation in 2025 as a research project with WEG and Statkraft. So for now offshore wind is not a business line for Petrobras.
Outlook
as of 2026-09Portfolio
17 held · live stages first, exits lastCapacity is net of ownership stake: a 50% JV counts half. Gross exposure (full nameplate of every project held): 34.1 GW.
| Project | Country | Stage | MW | Stake | Net MW |
|---|---|---|---|---|---|
| Planta Piloto Petrobras | Brazil | Early Development | 18 | 100% | 18 |
| Mostardas | Brazil | Proposed | 3510 | 100% | 3510 |
| Araioses | Brazil | Proposed | 2808 | 100% | 2808 |
| Prazeres | Brazil | Proposed | 2394 | 100% | 2394 |
| Piedade | Brazil | Proposed | 2268 | 100% | 2268 |
| Fortaleza | Brazil | Proposed | 2160 | 100% | 2160 |
| Costa Branca II | Brazil | Proposed | 2106 | 100% | 2106 |
| Espírito Santo I | Brazil | Proposed | 1980 | 100% | 1980 |
| Costa Branca I | Brazil | Proposed | 1458 | 100% | 1458 |
| Atoba | Brazil | Proposed | 2490 | 50% | 1245 |
| Ginga | Brazil | Proposed | 1062 | 100% | 1062 |
| Mangara | Brazil | Proposed | 2010 | 50% | 1005 |
| Ibitucatu | Brazil | Proposed | 2010 | 50% | 1005 |
| Colibri | Brazil | Proposed | 2010 | 50% | 1005 |
| Ibituassu | Brazil | Proposed | 2010 | 50% | 1005 |
| Aracatu I | Brazil | Proposed | 1920 | 50% | 960 |
| Aracatu II | Brazil | Proposed | 1920 | 50% | 960 |