According to Petrobras production development & technology director Roberto Moro, federal environmental regulator Ibama is expected to issue the final permit in the next 24 hours.

"We are just waiting for that final licence to begin production at Lapa. The well is already linked to the Cidade de Caraguatatuba FPSO, so once we are cleared, production should start almost immediately," Moro told Upstream on the sidelines of the Rio Oil & Gas conference.

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