Petrobras has filed a formal declaration of interest to negotiate the acquisition of nine exploration blocks for exploratory blocks located in Ivory Coast waters. The measure was approved by the African country’s Council of Ministers and represents the first step towards exclusive exploration contracts.
With a long trajectory in Atlantic basins such as Fields y SantosPetrobras believes that its accumulated knowledge can be successfully transferred to the other side of the ocean. CEO Magda Chambriard highlighted the region’s geological potential and the strategic fit with the company’s long-term objectives.
Petrobras’ vision
According to the company, the statement was prepared under strict governance criteria and is aligned with its plan to replenish hydrocarbon reserves and explore new frontiers, both inside and outside Brazil. This action is part of a sustained effort to generate value through international exploration.
The Ivorian government, through the state-owned company PETROCI, is in the process of exclusive negotiations with Petrobras to define the terms of the contracts. This collaboration marks a new chapter in the participation of Latin American companies in the African energy sector.
With this initiative, Petrobras reaffirms its long-term strategy focused on asset diversification and consolidation of new opportunities in the offshore segment. The step taken in Ivory Coast could open a path for future investments in other West African regions.
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Source: Petrobras
Photo: shutterstock