The oil company — which has been active onshore over the past decade — intends to spud three wells in the shallow waters of the Campos and Santos basins this year, according to a source.

Starfish has yet to decide where the first well will be drilled.

However, its board has already approved the use of a jack-up in BM-C-45 and the drilling of one prospect each in blocks BM-C-46 and BM-S-60 with a semisub.