• Petrobras confirmed a third oil discovery in the FZA-M-59 block offshore Amapá on October 29, 2026.
• The Morpho well encountered another oil-bearing interval in waters 2,886 meters deep.
• Drilling and geological data collection are complete; the well will now be plugged and abandoned.
• The rig will then move to the Potiguar Basin offshore Rio Grande do Norte to drill the Mãe de Ouro prospect.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PETROBRAS - Petróleo Brasileiro SA published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.