Petrobras signs eight production sharing contracts for offshore blocks in Ivory Coast
Type: Partnership · Technology: Oil Gas · Country: Ivory Coast · Announced: 2026-09-17
Magda Chambriard, president of Petrobras, announced the signing of eight production sharing contracts for exploratory offshore blocks in the Ivory Coast. Through its wholly-owned subsidiary Petrobras Netherlands B.V. (PNBV), the Brazilian company will operate the consortium, holding a 90% stake and partnering with the local state-owned entity PETROCI Holding. The agreement covers multiple offshore blocks, marking Petrobras' expansion into the West African offshore acreage. The deal represents a material step in Petrobras' international growth strategy beyond its traditional markets.
Counterparties
- Petrobras Netherlands B.V. (PNBV) (Operator)
- PETROCI Holding (Local Partner)
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