This paper presents an application of multicriteria methodology in the selection of strategic investments in Oil and Gas in the northeast of Brazil, by using the PROMETHEE II method. The method used in this study was chosen as a result of modelling the decision-makers' preferences, the definition of the criteria to be used and their respective weights. The numerical application is supported by data from Petrobrás's Strategic Planning for the 2008-2012 period and attempts to identify the overall ranking of the proposed strategic alternatives, taking into consideration the strategic and operational variables involved in the decision process.
oil and gas; PROMETHEE method; multicriteria decision; strategic management; investments
