Brazilian oil firm Petrobras is preparing a drill ship to make the trip to the northern state of Amapa by the end of the month. This move comes as the company is actively rushing to secure a drilling license for the Foz do Amazonas basin.
The readiness of the drill ship indicates Petrobras's commitment to advancing its exploration plans in the Equatorial Margin. This preparatory step is crucial for capitalizing on the potential hydrocarbon resources in the region.
Despite ongoing regulatory processes, the company is demonstrating operational readiness. This proactive approach aims to minimize delays once the necessary environmental permits for drilling are obtained.
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