Petrobras Plans to Spend More than R$ 3 Bi on the Amazon Foz
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Brazilian state Petrobras plans to start oil production near the mouth of the Amazon River within up to seven years, as estimated this Saturday by the president of the oil company, Magda Chamberiard. The company, controlled by the Brazilian State but with stock exchanges, announced on Friday the discovery of hydrocarbons about 175 kilometers from the coast of the state of Amapá, the region where the Amazon flows, and at a water depth of 2,886 me…
Petrobras plans to spend more than R$3 billion on drilling four wells in the basin of Foz do Amazonas. Three of them still depend on the authorization of the Brazilian Institute of Environment and Renewable Natural Resources (Ibama). The value consists of documents sent by the state to Ibama in July and August. The federal body is responsible for the environmental licensing of the enterprise. On Friday 14, Petrobras announced that it has identif…
Petrobras bets on exploring the most important in the Amazon Foz to confirm the commercial viability of petr leo in the region. For this, the state plans to spend R $ 3,3 bilh es on the perforation of a total of four in, as estimated by the company. Read more (08/16/2026
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