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[BUSINESS] · Brazil, Ghana · 22 sources

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Petrobras expands exploration in Ghana and signs maritime pact with Brazilian Navy

Petrobras is advancing its international and domestic energy strategies through new partnerships and exploration efforts. In West Africa, the company has entered negotiations to explore four offshore blocks in Ghana's Keta Basin after receiving approval from Ghana's Ministry of Energy and Green Transition. This move is part of a broader strategy to diversify its exploration portfolio and replenish reserves.

Domestically, Petrobras has signed a protocol of intentions with the Brazilian Navy to enhance cooperation in maritime security, offshore logistics, and emergency response, particularly in the Equatorial Margin. This partnership follows recent hydrocarbon discoveries in the Foz do Amazonas Basin, specifically at the Morpho-1 well located approximately 175 kilometers off the coast of Amapá. While the discovery is significant, technical evaluations are ongoing to determine the commercial viability and exact volumes of the reservoir.

Entities

Brazilian Navy · CNOOC Petroleum Brasil · Foz do Amazonas Basin · Ghana Ministry of Energy and Green Transition · IBAMA · Keta Basin · Luiz Inácio Lula da Silva · Petrobras

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