SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 20.Oct.2025, Words: 217) — Rio de Janeiro-based Petrobras received the environmental license from Ibama to drill an exploratory well in block FZA-M-059. The block is located in deep waters off Amapá, 500km from the mouth of the Amazon River and 175km from the coast, on the Brazilian Equatorial Margin.
The drill rig is already at the well site, and drilling is expected to start immediately, with an estimated duration of 5 months, according to Petrobras.