Ibama grants Petrobras license, with conditions, to drill 3 new wells in the Foz do Amazonas Basin

Sept. 7 - Petrobras has successfully met Ibama’s requirements and has been granted the license to drill three additional wells in block FZA-M-059, located in the Foz do Amazonas Basin. The new wells—named Manga, Crotalus, and PAD Morpho—will be crucial for the oil company to determine the reservoir's size and assess the area's commercial potential.... Continue Reading →

Petrobras signs $58 million deal with Brazil regulator to bring wells into compliance

July 7 (Reuters) - Brazilian ​state-run oil firm Petrobras (PETR3.SA), opens new tab ‌signed an agreement with regulator ANP committing to bring 335 temporarily ​abandoned offshore wells into compliance with ​safety and environmental rules, ⁠both parties said in ​separate statements on Tuesday. Under ​the signed agreement, Petrobras will pay 300 million reais ($58.3 million) to ​ANP, and... Continue Reading →

Trump Administration Withdraws Appeal, Leaving Wind Energy Leasing and Permitting Freeze Vacated

June 17 (offshreWIND.biz) The Trump Administration has withdrawn its appeal of a federal court ruling that vacated the section of its January 2025 Presidential Wind Memorandum that halted federal leasing and permitting activities for onshore and offshore wind projects, leaving the court’s decision in place and the wind permitting and leasing freeze overturned. The US... Continue Reading →

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