Petrobras Considers New Deep-Water Investment Opportunities in Nigeria, Says NNPCL

Petrobras eyes return to Nigeria’s oil sector as Tinubu, NNPCL court investment in deepwater opportunities

Brazil’s state-owned oil company, Petrobras, is preparing for a comeback to Nigeria’s oil and gas industry, five years after halting its joint venture operations in the country. The move, confirmed during President Bola Ahmed Tinubu’s state visit to Brazil, is expected to revive long-standing energy ties between the two nations. In a statement on Wednesday, the Nigerian National Petroleum Company Limited (NNPCL) announced that Petrobras has expr…

Petrobras Eyes Return to Nigeria’s Oil Sector After Talks with NNPCL

Brazil’s state-owned energy giant, Petrobras, is preparing a comeback in Nigeria’s upstream oil and gas industry, four years after it exited joint ventures in the country.   In a statement posted on X (formerly Twitter), Nigerian National Petroleum Company Limited (NNPCL) confirmed that its Executive Vice-President for Upstream, Udy Ntia, held talks with Petrobras Chief Executive Officer, Magda Chambriard, on the sidelines of the visit.  “Petro…

Petrobras considers new deep-water investment opportunities in Nigeria, says NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has announced that Petrobras, Brazil’s state-owned oil giant, is exploring fresh opportunities in Nigeria’s upstream sector, with specific attention to deepwater and ultra-deep-water opportunities.  The post Petrobras considers new deep-water investment opportunities in Nigeria, says NNPCL  appeared first on Nairametrics.

Petrobras to Return to Nigeria: A New Era for Africa-Brazil Energy Cooperation

The African Energy Chamber supports Nigeria and Brazil’s strengthened economic and energy ties as Petrobras prepares to re-enter the Nigerian market, with five new MoUs paving the way for deeper cooperation JOHANNESBURG, South Africa, August 27, 2025/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org/) welcomes the announcement of Petrobras’s imminent return to Nigeria, marking a transformative step in Africa-Brazil energy …