Drilling project in Foz do Amazonas awaiting authorization

The Brazilian government is under pressure as the environmental regulator Ibama has requested additional information from Petrobras on its drilling project at the mouth of the Amazon.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

For a drilling project in Foz do Amazonas, the Brazilian environmental regulator Ibama has asked Petrobras to provide additional information. This project, at the mouth of the Amazon River, will allow the company to test its emergency response in the event of an oil spill. The request has thwarted Petrobras’ hopes to begin test drilling as early as this week, a source close to the company said.

The drilling project in Foz do Amazonas

Petrobras considers the mouth of the Amazon to be the newest and most important frontier for oil exploration in Brazil. The company planned the test to evaluate its response in the event of a major spill. In 2013, the authorities put the area up for auction. Petrobras has planned to explore it for years while BP and TotalEnergies have given up their assets. Both companies have invested in studies. However, they have encountered difficulties in obtaining drilling licenses in Foz do Amazonas.

The region of Foz has a little known geology. Petrobras has already spent 290 million reais to prepare for the spill test.

Environmental concerns in Foz do Amazonas

However, Ibama considers the area to be ecologically sensitive. The president of the agency, Rodrigo Agostinho, said in an interview that the decision on the drilling project in Foz do Amazonas could not be based on commercial interests and deadlines. “This is obviously a very sensitive area and Ibama treats it as a high priority, so there is no decision on a license or when it may come,” he said. The Minister of the Environment, Marina Silva, said that the exploration in Foz is “very impactful”. The consequence is that it must be subject to a “strategic” environmental assessment.

Ibama’s position on the drilling project

Ibama has asked Petrobras to provide additional information about its drilling project in Foz do Amazonas. This preliminary step should allow the company to test its response in case of an oil spill. Petrobras has filed details and responses to Ibama’s requests. However, the regulator has not yet set a test date because Petrobras has not delivered all the required documents. Ibama has scheduled the test as soon as the company provides the requested information. “After analysis and agreement of the environmental agency, the date for carrying out the pre-operational assessment can be defined with Ibama,” Petrobras said in a statement.

The previous government did not carry out the full technical assessment of the area, which should have been done, making it difficult to assess the situation.

BUTEC has finalised the financing of a 50 MW emergency power project in Burkina Faso, structured under a BOOT contract and backed by Banque Centrale Populaire Group.
BW Energy has signed a long-term lease agreement with Minsheng Financial Leasing for its Maromba B platform, covering $274mn of the project’s CAPEX, with no payments due before first oil.
Shell will restart offshore exploration on Namibia’s PEL 39 block in April 2026 with a five-well drilling programme targeting previously discovered zones, despite a recent $400mn impairment.
Iranian authorities intercepted a vessel suspected of fuel smuggling off the coast of the Gulf of Oman, with 18 South Asian crew members on board, according to official sources.
Harbour Energy will acquire Waldorf Energy Partners’ North Sea assets for $170mn, increasing its stakes in the Catcher and Kraken fields, while Capricorn Energy settles part of its claims.
The Big Beautiful Gulf 1 sale attracted more than $300mn in investments, with a focused strategy led by BP, Chevron and Woodside on high-yield blocks.
The United States intercepted an oil tanker loaded with Venezuelan crude and imposed new sanctions on maritime entities, increasing pressure on Nicolas Maduro’s regime and its commercial networks in the Caribbean.
OPEC expects crude demand from its members to reach 43 million barrels per day in 2026, nearly matching current OPEC+ output, contrasting with oversupply forecasts from other institutions.
The United States seized a vessel suspected of transporting sanctioned oil from Iran and Venezuela, prompting a strong reaction from Nicolás Maduro's government.
The International Energy Agency lowers its global oil supply forecast for 2026 while slightly raising demand growth expectations amid improved macroeconomic conditions.
South Sudanese authorities have been granted responsibility for securing the strategic Heglig oilfield following an agreement with both warring parties in Sudan.
TotalEnergies acquires a 40% operated interest in the offshore PEL83 license, marking a strategic move in Namibia with the Mopane oil field, while Galp secures stakes in two other promising blocks.
BOURBON will provide maritime services to ExxonMobil Guyana for five years starting in 2026, marking a key step in the logistical development of the Guyanese offshore basin.
Viridien has launched a 4,300 sq km seismic reimaging programme over Angola’s offshore block 22 to support the country’s upcoming licensing round in the Kwanza Basin.
Shell restructures its stake in the Caspian pipeline by exiting the joint venture with Rosneft, with Kremlin approval, to comply with sanctions while maintaining access to Kazakh crude.
Shell acquires 60% of Block 2C in the Orange Basin, commits to drilling three wells and paying a $25mn signing bonus to PetroSA, pending regulatory approval in South Africa.
Malgré la pression exercée sur le gouvernement vénézuélien, Washington ne cherche pas à exclure Caracas de l’OPEP, misant sur une influence indirecte au sein du cartel pour défendre ses intérêts énergétiques.
Kazakhstan redirects part of its oil production to China following the drone attack on the Caspian Pipeline Consortium terminal, without a full export halt.
US investment bank Xtellus Partners has submitted a plan to the US Treasury to recover frozen Lukoil holdings for investors by selling the Russian company’s international assets.
Ghanaian company Cybele Energy has signed a $17mn exploration deal in Guyana’s shallow offshore waters, targeting a block estimated to contain 400 million barrels and located outside disputed territorial zones.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.