Petrobras Opens Talks for Four Offshore Blocks in Ghana
Brazil · ENERGY Key Facts —What happened Petrobras said on 21 August that Ghana’s Ministry of Energy and Green Transition has approved its expression of interest, opening direct negotiations. —The assets Four offshore exploration blocks in the Keta Basin, off Ghana’s eastern coast. The block names have not been published. —The status Negotiations on exploration […] The post Petrobras Opens Talks…
Petrobras is in talks to explore four offshore blocks in Ghana, marking the first serious move across the Atlantic for the company since proving its thesis on Brazil's equatorial coast. The approval from Ghana's Ministry of Energy and Green Transition came on 21 August 2026, allowing direct negotiations for these blocks in the Keta Basin.
The two countries share similar geology, having been part of the same continental margin before the South Atlantic opened. Petrobras discovered oil off Amapá, Brazil, on 14 August 2026, which prompted the negotiations with Ghana. A protocol of intentions signed between Petrobras and the Brazilian Navy on 20 August 2026 covers offshore logistics, maritime monitoring, emergency response, search and rescue, research, and training.
This signals Brazil's strategic interest in the equatorial offshore basin, not just commercial. The Keta Basin has seen few drilling attempts since the 1970s, but Petrobras is moving directly into this frontier, unlike other major oil companies that are reducing exploration. Ghana has plans to auction eight Keta blocks once seismic mapping is complete by early 2027.
This move by Petrobras comes as European majors are scaling back their exploration efforts, and the region may see more Latin American companies entering the African market.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
