Tag: Petroleo Brasileiro SA

More gas in Espírito Santo

Petróleo Brasileiro SA has hit gas with well 6-ESS-168. Drilling is ongoing, Petrobras says, but the well has reached sandstone reservoirs at a depth of 3378m encountering a 130m gas column.

Petrobras to invest in Ecuador

Brazilian oil concern Petroleo Brasileiro SA (Petrobras) plans to invest USD 30 million in Ecuador by the end of the year.