Petrobras strikes deal to bring 335 offshore wells into compliance

AI Summary

Petrobras and Brazil’s ANP regulator have reached an agreement to bring 335 abandoned offshore wells into regulatory compliance for safety and environmental standards. This resolves the controversy over deadlines for permanently abandoning or monitoring temporarily abandoned offshore wells.

Brazil’s oil regulator, ANP, and Petrobras have signed an agreement to adapt 335 abandoned offshore wells to comply with safety and environmental rules. The agreement ends the controversy related to the regulatory deadline for the permanent abandonment or monitoring of wells that were in unmonitored temporary abandonment in offshore oil and gas fields. Under the …