Petrobras(US:PBR) Sou Hu Cai Jing·2025-10-16 01:37Core Insights - Brazil's national oil company has achieved promising results in its drilling plans in the Campos Basin, with evidence of oil discovered in the Água Marinha block [2] - The company aims to double its oil and gas production in the Campos Basin over the next decade, increasing from 500,000 barrels of oil equivalent per day in 2035 to 1 million barrels [2] - An investment of $23 billion is planned for the revitalization of the Campos Basin by 2029 [2] Company Overview - The discovery was made at the 1-BRSA-1401DA-RJS well, drilled by the Deepwater Aquila rig at a water depth of 2,601 meters [2] - The Água Marinha block is located in the pre-salt area of the Campos Basin and was acquired during the first cycle of the permanent sharing offer in 2022 [2] - Brazil's national oil company operates the block with a 30% stake, in partnership with TotalEnergies (30%), Petronas (20%), and QatarEnergy (20%) [2]