Ibama Authorizes Petrobras to Drill Three More Wells in the Amazon Foz

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The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) authorized Petrobras to drill three more new exploration wells in the Amazon Basin of Foz do Amazonas, in the Amapá, which integrates the Equatorial Margin. The state considers these wells to be fundamental to determine whether the recent discovery of oil in the region is commercially viable. The decision was signed on Thursday by the president of Ibama, Jair Schm…

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The measure represents an advance in the company's efforts to produce oil in this environmentally sensitive area on the Amazon coast of Brazil

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Decision was signed on 5th February (3.set) by the president of the institute and determines that state presents drilling plan. Read on Power360

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Ibama authorized Petrobras to drill three exploratory wells in the Amazon Foz, essential to assess the commercial viability of the discovery

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In August, the president of Petrobras, alongside President Lula, confirmed the discovery of oil in the region

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Ibama authorized Petrobras to drill three more new exploration wells in the Amazon Basin, according to document seen by the news agency Reuters. Read more (09/04/2026