April 16, 2026–Written by Amir Richani for IIR News Intelligence (Sugar Land, Texas)–Brazilian oil and gas major Petrobras has approved the final investment decision of the Sergipe Deepwater I development, part of the SEAP project. SEAP II, the other half of the development, was approved in December 2025. According to Industrial Info Resources data, the projects have a combined total investment value of more than US$2 billion.
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