During an oil and gas event in Rio de Janeiro, Petrobras' executive director of governance, Salvador Dahan, said that the company will continue "what it has been doing" in pre-salt exploration and production.

"The plan continues to address our focus in Brazil and with development in the pre-salt, with a lot of investment in exploration and production, but also in the downstream (logistics segments)," he said.

Part of the future investment will also be focused in areas such as decarbonization and renewable energies, Dahan added without giving further details. 

The executive did not disclosure the dollar value for the new plan.

Last year, the company's plan stood at $68 billion over five years, almost 25% more than the previous program.

(Reporting by Rodrigo Viga Gaier; Editing by David Gregorio)

By Rodrigo Viga Gaier