Brazil’s state oil company, Petrobras, is seeking to re-enter Nigeria’s oil sector, with a specific interest in frontier deepwater acreage.

Senior Special Assistant to the President on Media & Communications in the Office of the Vice President, Stanley Nkwocha, said in a Wednesday statement that the company, which had previously wound down its operations at Nigeria’s Agbami field, is now actively engaging with Nigerian authorities as part of broader efforts to revitalise bilateral cooperation ahead of the 2025 Nigeria-Brazil Strategic Dialogue Mechanism.