Petrobras (PBR) Takes its Oil Hunt to Ivory Coast: Is Another Major Oil Play Taking Shape?
Published on: Friday 25 September 2026
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) announced on September 17 that it had signed production-sharing contracts for eight offshore exploration blocks in Ivory Coast. According to the agreement, the Brazilian energy giant will own a 90% operating stake in each of the blocks, while the state-owned Petroci will hold the remaining 10%. The development comes […]