Petrobras signs Côte d’Ivoire deals for eight offshore blocks
Published on 10/04/2026 at 17:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Petrobras signed production-sharing contracts for eight offshore blocks in Côte d’Ivoire on September 17, 2026, according to Reuters. Petrobras stock was EUR 19.18 in weekend trading at Lang & Schwarz at 5:55 p.m. CEST on October 4, 2026, unchanged from the EUR 19.18 close at Lang & Schwarz on October 2, 2026.
Weekend trading
The price was unchanged against the last Xetra trading-day close, with Lang & Schwarz showing a bid of EUR 18.80 and an ask of EUR 19.55 at the stated time. The further course of weekend trading at Lang & Schwarz until 7:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Petrobras stock.
The Côte d’Ivoire exploration deal
Reuters reported that Petrobras signed the contracts with Côte d’Ivoire and its state energy company Petroci for eight offshore exploratory blocks. The agreement gives Petrobras a 90 percent operating stake in each block, while Petroci retains 10 percent, the report said. Reuters described the areas as being on Africa’s equatorial margin and linked the agreement to Petrobras’ strategy of replenishing reserves through new exploration frontiers.
Petrobras will operate the blocks through its wholly owned subsidiary Petrobras Netherlands B.V., according to World Oil. The contracts cover blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702.
Next Xetra session
The next Xetra session is scheduled for October 5, 2026.
