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Petrobras Prepares Drill Ship Deployment for Oil Exploration in Amapa
PBRPetrobras(PBR) ZACKS·2025-05-21 20:40

Petrobras (PBR) , Brazil's state-controlled integrated oil and gas company, is accelerating preparations to deploy a drill ship to the northern state of Amapá, targeting the highly prospective Foz do Amazonas Basin. According to Reuters, final adjustments are underway to clear coral remnants from the vessel’s hull, positioning the ship for departure by the end of May 2025. This movement is a crucial component of Petrobras’ broader strategy to unlock what is widely regarded as Brazil’s most promising new off ...