Petrobras has identified hydrocarbons in the Morpho exploration well offshore Amapá, its first discovery in the area. The ultra-deepwater well, in the Foz do Amazonas Basin, is still being drilled, with further work needed to determine the size and commercial potential of the find. The discovery strengthens Petrobras’ push to develop Brazil’s Equatorial Margin as a new exploration frontier. #Petrobras #Brazil #OilAndGas #Offshore
Note by Alessandro Bazzoni