Exploration News in Brazil

Petrobras and YPF sign memorandum of understanding for E&P business analysis
9/26/2024 - Petrobras informs that it signed a memorandum of understanding (MoU) with YPF of Argentina to analyze the joint development of business in the E&P segment. The agreement is non-binding and will be i...
Petrobras and Staatsolie Maatschappij Suriname N.V. sign Memorandum of Understanding
9/26/2024 - Petrobras informs that it has signed with Staatsolie Maatschappij Suriname N.V. a non-binding memorandum of understanding (“MoU”) aimed at assessing cooperation opportunities in the areas of hydroca...
Petrobras Signs 26 Concession Contracts in the Pelotas Basin
8/30/2024 - Petrobras, following up on Communication of December 13, 2023, informs that it signed 26 Concession Contracts of the 4th Permanent Concession Offer Cycle, acquired in partnership with Shell in the pub...
Pathfinder & Petroborn Óleo e Gás S/A Sign MOU for Onshore O&G Collaboration in Brazil
8/19/2024 - Pathfinder Energy Corp., a technology-driven company specializing in resource identification and exploitation onshore Oil & Gas in Brazil, has signed a Memorandum of Understanding (MOU) with Petroborn...
Petrobras and bp sign memorandum of intent for business and research
4/18/2024 - Petrobras and bp signed a Memorandum of Understanding (MoU) on Thursday, 4/18, with the aim of promoting discussions and collaboration between the companies. This non-binding agreement focuses on topi...
Petrobras Discovers Oil in Ultra-deep Waters of the Potiguar Basin
4/9/2024 - Petrobras has discovered an oil accumulation in the ultra-deep waters of the Potiguar Basin in the Anhangá exploratory well of the POT-M-762_R15 Concession. The 1-BRSA-1390-RNS (Anhangá) well is locat...
Largo Provides Update on the Ongoing Exploration Program in Brazil
12/18/2023 - Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to provide an update on the ongoing exploration program surrounding its Maracás Menchen Mine, including an initial phase of dr...
Petrobras Acquires 29 blocks in ANP's Permanent Offer Auction
12/13/2023 - Petrobras was the big winner of the 4th Cycle of the Permanent Offer. The company acquired 29 blocks in the Pelotas Basin, under the concession regime, in an auction held (Dec 13th) by the National Ag...
Petrobras Approves Strategic Plan 2024-2028+
11/23/2023 - Petrobras informs that its Board of Directors approved, at a meeting held today, the Strategic Plan for the five-year period 2024-2028 (SP 2024-28+), planning to invest US$ 102 billion over the next f...
Jean Paul Prates Discusses New Opportunities with the President of Bolivia
5/30/2023 - The CEO of Petrobras, Jean Paul Prates, discussed with the president of Bolivia, Luis Arce, the future of gas and oil exploitation in South America. The authorities participated in the meeting of lead...
Petrobras on Letter from the Ministry of Mines and Energy
5/19/2023 - Petrobras informs that it has received Official Letter No. 386/2023/GM-MME, through which the Ministry of Mines and Energy ("MME") requests that Petrobras, within its rules of governance and in compli...
Petrobras on the Result of an Exploratory Well in the Santos Basin
5/17/2023 - Petrobras informs that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block.

Well 3-BRSA-1387D-SPS is located 260 km from the ci...
Petrobras Prioritizes Exploration on the Equatorial Margin & Colombia
3/7/2023 - Petrobras' investments in exploration activities planned for the next five years are around USD 6 billion, with a main focus on sustainability, both economic and environmental. The company's strategy ...
TotalEnergies Wins a New Exploration License
12/19/2022 - TotalEnergies, and its co-venturers QatarEnergy and Petronas Petróleo Brasil Ltda (PPBL) have won the Agua Marinha block today in the Open Acreage under Production Sharing Regime – 1st Cycle held by B...
PETRONAS and Partners Win Agua Marinha Block in Brazil Bid Round
12/19/2022 - PETRONAS’ subsidiary, PETRONAS Petróleo Brasil Ltda. (PPBL) and partners have won the Agua Marinha exploration block during the first cycle of Brazil’s open acreage under production sharing regime bid...
Petrobras on ANP Auction Result
12/16/2022 - Petrobras informs that it has acquired the Sudoeste de Sagitário, Água Marinha and Norte de Brava blocks in the 1st Cycle of Permanent Production Sharing Offer of the National Petroleum, Natural Gas a...
PETRONAS Announces First Oil Discovery in Sépia Field, Brazil
11/8/2022 - PETRONAS Petróleo Brasil Ltda. (PPBL), a subsidiary of PETRONAS has announced its first oil discovery in 4-BRSA-1386D-RJS well in the pre-salt Sépia oil field. The well is located in the prolific Sant...
TotalEnergies Announces Oil Discovery in the Sepia Area
10/31/2022 - TotalEnergies (TTE) announces an oil discovery by the Pedunculo well, located in the north-west of the Sépia oil field, approximately 250 km off the coast of Rio de Janeiro, Brazil. ...
Petrobras on Discovery in the Aram Block
10/28/2022 - Petrobras, following up on the release disclosed on November 19, 2021, informs that the drill-stem test in the wildcat well 1-BRSA-1381-SPS (Curacao), located in the Pre-salt section in the southweste...
Alvopetro Announces Discovery at Caburé Unit-C Well
9/8/2022 - Alvopetro Energy Ltd. announces a discovery at our 49.1% Caburé Unit C well, record August sales volumes and an operational update.

7-CARN-2D-BA Well ("Unit-C Well")
The Unit-C well a...

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