Petrobras signs $58 million deal with Brazil regulator to bring wells into compliance
07/07/2026 19:40
Petrobras signs $58 million deal with Brazil regulator to bring wells into compliance SAO PAULO, July 7 (Reuters) - Brazilian state-run oil firm Petrobras PETR3.SA signed an agreement committing to bring 335 offshore wells into technical compliance, oil and gas regulator ANP said in a statement on Tuesday.
Under the signed agreement, Petrobras has until the end of 2030 to comply with the rules, and will pay 300 million reais ($58.3 million) to ANP as a compensatory measure for the easing of the deadline, according to the statement.
($1 = 5.1484 reais)
(Reporting by Andre Romani in Sao Paulo; Editing by Kylie Madry)
((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))
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