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Petrobras contracts Halliburton to drill wells for Latin America's first saline-reservoir carbon ...
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Fusion42 · 26 August 2026 · Fusion42 review
Petrobras has contracted Halliburton to drill and complete four onshore wells for Latin America's first saline-reservoir carbon capture and storage (CCS) pilot project in Rio de Janeiro, aiming to store up to 110,231 US tons of CO2 annually starting in 2029. This project also serves as a regulatory testbed for Brazil’s oversight bodies to develop standards for commercial CCS deployment.
This Wire brief sits within Fusion42's coverage of Climate Tech.
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You have a unique chance to serve new Brazilian CCS projects as Petrobras sets the first operational and regulatory precedent. Start building relationships with Brazil’s regulators and pipeline tech providers today to position your startup at the centre of the country’s emerging carbon storage market.
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1 source · 25 Aug 2026
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