Petrobras reports oil discovery at mouth of Amazon river
Petrobras reported it has identified the presence of hydrocarbons in an exploratory well currently being drilled in Block FZA-M-59, in deep waters off Amapá, in the Foz do Amazonas sedimentary basin on Brazil’s equatorial coast. Hydrocarbons are derived primarily from oil and natural gas and serve as an essential raw material for fuels, plastics, and rubber. Notícias relacionadas: Brazil’s oil,…
Brazil's state-run oil company Petrobras announced the discovery of hydrocarbons, primarily oil and natural gas, in an exploratory well being drilled in Block FZA-M-59. The site is located in deep waters off the Amapá state coast, in Brazil's equatorial Foz do Amazonas sedimentary basin. The well, known as the Morpho well (1-BRSA-1405-APS), is situated approximately 175 kilometers off the coast of Amapá at a depth of 2,886 meters.
Petrobras President Magda Chambriard expressed optimism about the discovery, stating that it reaffirms Brazil's potential for expanding its oil reserves and enhancing energy security. The company emphasized that drilling operations will continue, with a focus on safe and environmentally responsible exploration. Petrobras' strategy in this block aligns with its goal of replenishing oil and gas reserves through exploration in frontier areas to meet domestic energy demand during the country's just energy transition.
The block was acquired during the 11th bidding round of Brazil's National Petroleum Agency in 2013 and is fully owned by Petrobras.
Written by urgent.news from Agencia Brasil's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
