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8 results for “Foz do Amazonas Basin”
Petrobras to Drill Three More Equatorial Margin Wells After Securing IBAMA Approval
Brazil's state-owned oil company, Petrobras, has secured environmental approval to drill three new exploratory wells in the Foz do Amazonas basin, opening a high-stakes energy frontier.
Petrobras Pushes for Amazon Mouth Drilling Start in January Despite Court Challenge from Federal Prosecutors
Brazil’s state-controlled oil company plans to proceed with a new phase of exploration in the Foz do Amazonas basin after Ibama approval, even as federal prosecutors seek an injunction.
Lula Links New Equatorial Margin Oil Frontier to Sovereignty, Warning of US Interest
President Luiz Inácio Lula da Silva called the Equatorial Margin a potential "new pre-sal," framing the exploration push by Petrobras as a defense of Brazilian sovereignty against perceived US interest.
Brazil Environmental Regulator Approves More Drilling for Petrobras in Key Amazon Frontier
Brazil's environmental agency authorized three contingent wells for Petrobras in the Foz do Amazonas basin, unlocking billions in potential value.
Political and Environmental Risks Loom Over $15.9 Billion Petrobras Asset in Foz do Amazonas
Scotiabank estimates that exploration in the environmentally sensitive Foz do Amazonas basin is critical to 14% of Petrobras’s value.
Petrobras Confirms Hydrocarbon Discovery in Foz do Amazonas, Opening Highly Contested New Brazil Oil Frontier
State-controlled Petrobras has confirmed an oil and gas find in the environmentally sensitive Foz do Amazonas Basin, a strategic move to replenish its reserves.
Petrobras Confirms Hydrocarbon Find Off Amapá, Reopening Brazil’s Equatorial Margin Oil Fight
State-run Petrobras confirmed hydrocarbons in the Foz do Amazonas basin, sparking an environmental-versus-energy security debate.
Petrobras Confirms Hydrocarbon Presence in Highly-Contested Amapá Offshore Block
State-run Petrobras announced a major find in the Equatorial Margin, a key region for Brazil's future oil reserves.