Overview

• In an official notice on Oct. 14, the regulator said technical reviews found pending uncertainties in the emergency and fauna-response documentation for the Foz do Amazonas project.
• The agency proposed a meeting for Thursday, Oct. 16, to discuss the questions and move toward the final steps of the license.
• Petrobras said it will answer all inquiries and is holding technical sessions this week, expressing confidence that an operating license can be issued soon.
• Company leadership warned that drilling must start by Oct. 21 under the rig contract or the unit could be reassigned, which could force parts of the licensing to restart if a different rig is used.
• The pre-operational emergency simulation was approved on Sept. 24 with follow-up requests, including an explanation for vessel positioning that differed from prior studies, and the contracted rig’s daily cost is about R$ 4.2 million.