BRASILIA, April 29 (Reuters) – Brazilian state-run oil agency Petrobras (PETR4.SA) stated on Saturday that it’s awaiting the federal government’s stance on its request to drill a effectively on the mouth of the Amazon River Basin, following a technical advice by the nation’s environmental company to reject the proposal.
“We have complied with all the necessities, and we’re ready for the federal government’s determination,” stated CEO Jean Paul Prates in a notice, stressing the corporate is just not pressuring for any determination.
“We’re technically prepared, ready for the official place on our drilling marketing campaign within the area,” he added.
Petrobras has for years been making an attempt to open up a brand new exploration entrance on the coast of Amapa state in northern Brazil close to Guyana, the place Exxon Mobil (XOM.N) has made necessary discoveries.
However a technical report from Brazil’s environmental company Ibama has suggested towards the request, citing discrepancies in environmental research, insufficient measures for speaking with indigenous communities, and insufficiencies in Petrobras’ plan to safeguard the area’s wildlife.
The doc, seen by Reuters, additionally really useful shelving the environmental licensing course of for oil block FZA-M-59, which was auctioned off by oil regulator ANP to the corporate in 2013. Although they paid for research, Britain’s BP (BP.L) and France’s TotalEnergies (TTEF.PA) gave up on their property there because of problem acquiring drilling licenses.
The technical report will function the idea for the environmental company’s final dedication on whether or not or to not authorize actions within the space.
Reporting by Marta Nogueira, Writing by Marcela Ayres; Modifying by Andrea Ricci
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