Petrobras has identified hydrocarbons in deepwater Block FZA-M-59 about 175 km offshore Amapá, Brazil. Petroleo Brasileiro SA (Petrobras) discovered hydrocarbons…
South America
Petrobras finds hydrocarbons at first Equatorial Margin well off Amapá
Petrobras identified the presence of hydrocarbons at the Morpho exploratory well (1-BRSA-1405-APS) in Block FZA-M-59, located in the Foz do…
South America
Petrobras Halts $1 Billion Gas Pipeline Study Over Proposed Brazilian Gas Regulations
Brazil’s state-run oil company Petrobras has suspended studies for a $1 billion natural gas pipeline due to regulatory uncertainty surrounding…
South America
Petrobras confirms new gas discovery offshore Colombia at Sandia-1
Petrobras reported a new natural gas accumulation at the Sandia-1 exploration well in Block GUA-OFF-0, offshore Colombia. The well sits…
South America
Noble Corporation Posts $37 Million Q2 Loss as Petrobras Suspends Two Drillships in Brazil
Noble Corporation has reported a net loss of $37 million for the second quarter of 2026, as the operational suspension…
South America
Petrobras and Pemex Sign Deal to Drill the Gulf of Mexico
The Petrobras Pemex deal is now signed, pairing Latin America’s two state oil giants in a hunt for crude in…
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