Brazil’s Petrobras Exchange Technology with Mexico’s Pemex

    Petrobras deep oil exploration off the coast of Bahia, Brazil

    Petrobras deep oil exploration off the coast of Bahia, Brazil The president of Brazilian state-controlled oil company Petrobras, Sérgio Gabrielli, is in Mexico to discuss technology transfer agreements with Petróleos Mexicanos (Pemex), Petrobras' Mexican counterpart.

    He accompanied President Luiz Inácio Lula da Silva, who is on a six-day, five-country tour of Latin America to sell Brazil's ethanol and biofuel technology.

    The Petrobras chief will meet businessmen and government officials in Mexico. "We want to broaden our presence here, therefore we are willing to exchange technology and to establish long term relations," Gabrielli told reporters.

    According to him, Petrobras possesses know-how in deep water oil exploration, which interests the Mexican oil company. Pemex, on the other hand, has knowledge in carbonate reservoirs, which attracts the attention of Petrobras.

    "We have no experience in the field. We want to learn more about these technologies," said the president of the Brazilian company.

    Presently, Petrobras produces 1 million cubic meters of natural gas per day in Mexico. The company has been present in the country since 2003, as a contract operator for natural gas Exploration and Production services in the Cuervito and Fronteirizo onshore blocks, in partnership with the Japanese Teikoku Oil and the Mexican Dia Vaz.

    ABr

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Brazilian agricultural products

    Brazilian Agriculture Gets Over US$ 6 Billion from Government This Year

    Brazil’s Ministry of Agriculture should have its highest budget since Brazilian president Luiz Inácio ...

    The Koran translated into Portuguese

    Behind Free Koran Distribution in Brazil Is Islam’s Push to Win the Infidels

    According to an article published here in Brazzil, on June 1, 2006, free copies ...

    Short story

    Clarice Lispector When writing I cannot fabricate as in a painting, when I fabricate ...

    FAO Points to Brazil as Example to the World in Bio-Energy

    Under the pressure from soaring oil prices and growing environmental constraints, momentum is gathering ...

    Minister Forecasts 11% Boost in Brazilian Exports with a Little Help from World Cup

    Brazil’s Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, has announced his ...

    No Good Intentions

    It’s a good bet that President Fernando Henrique Cardoso will close out his second ...

    Despite Weak Dollar Sales Up 11% at Brazil’s Perdigí£o

    Brazilian food company Perdigão reported net sales of R$ 1.2 billion in the first ...

    Hugo Chavez

    Caracas Opposition Wants Brazil to Accept Venezuela in Mercosur to Rein In Chavez

    Antonio Lezama, one of Venezuela's main opposition leaders has been invited to address Brazilian ...

    Voting Game

    As a rule, parties in Brazil—like the individual candidates themselves—do not put together programs, ...