RIO DE JANEIRO, Sept 24 (Reuters) - Brazilian
environmental agency Ibama approved Petrobras' emergency
response test in the Foz do Amazonas basin, while also
requesting some adjustments be made before granting the
state-run oil firm a license to drill in the environmentally
sensitive offshore region, documents seen by Reuters showed on
Wednesday.
The area, in the northernmost part of Brazil's Equatorial
Margin, is considered Petrobras' most promising oil frontier,
sharing geology with nearby Guyana, where Exxon Mobil ( XOM ) is
developing huge fields.
In 2023, Ibama denied Petrobras a request to drill
there, which the company immediately appealed, stoking divisions
in Brazil's government between environmental advocates and
allies pushing for oil and gas development in the region.
For Petrobras, the emergency response test was the final
stage of the environmental licensing process.
With the Ibama report completed, the head of the agency,
Rodrigo Agostinho, can make a final decision to grant or deny
the license.