Research for oil in the Equatorial Margin "was worth it", says Lula
The state holds 100% of the block, acquired in the 11th Round of ANP Bids, in 2013.
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Summary
President Luiz Inácio Lula da Silva (PT) stated on Monday (17.Aug.2026) that “it was worth it ” to bet on the management of Magda Chambriard ahead of Petrobras and to insist on oil research on the Equatorial Margin. Petrobras identified hydrocarbons in the Morpho well, in the FZA-M-59 block, about 175 km from the Amapá coast and almost 500 km from the mouth of the Amazon river. I learn that the distance is more than 500 km from the mouth of the Amazon and I come here and walk 175 km by helicopter sea into.
Furthermore, Lula attacks Lava Jato and says no one will “put their finger” in Brazil’s oil.
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President Luiz Inácio Lula da Silva (PT) stated on Monday (17.Aug.2026) that “it was worth it ” to bet on the management of Magda Chambriard ahead of Petrobras and to insist on oil research on the Equatorial Margin.
according to Poder360Petrobras identified hydrocarbons in the Morpho well, in the FZA-M-59 block, about 175 km from the Amapá coast and almost 500 km from the mouth of the Amazon river.
according to Poder360I learn that the distance is more than 500 km from the mouth of the Amazon and I come here and walk 175 km by helicopter sea into.
according to Gazeta do Povo — ÚltimasLula attacks Lava Jato and says no one will “put their finger” in Brazil’s oil.
according to Gazeta do Povo — Últimas
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