XOM · News · 20260922N

Brazil Foz do Amazonas Exploration

ExxonMobil Holdings Corp · 2026-09-22 · Importance 17 · Surprise 24

ExxonMobil views Brazil’s offshore Foz do Amazonas as the next major South American oil and gas prize. The company’s outlook follows significant exploration successes in Guyana and Suriname. Potential discoveries in Brazil’s northern equatorial margin would support Exxon’s upstream growth and regional exploration strategy.

Key facts

• ExxonMobil believes Brazil's offshore Foz do Amazonas will be the next major region for oil and gas discoveries in South America. source
• The outlook on Foz do Amazonas was reported by Upstreamonline.com. source