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OTC Brazil 2025

Petrobras offshore drilling platform operating in the Foz do Amazonas Basin near the Amazon River mouth

Petrobras May Drill Up to Three Wells in Foz do Amazonas Basin

During OTC Brazil 2025, Petrobras CEO Magda Chambriard announced that the company may expand its exploration program in the Foz do Amazonas Basin with up to three additional wells, contingent on early results. The statement reaffirms Petrobras’ commitment to frontier exploration and compliance with the Paris Agreement.

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