• Categories
  • Archives

Brazil’s Petrobras Exchange Technology with Mexico’s Pemex

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Your email address will not be published.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

Brazil’s Social Movements Call for Mobilization Against Corruption

Brazil’s Coordination of Social Movements (CMS) issued a Letter to the Brazilian People, calling ...

Pow! Wow! The Spirit of Brazil.

Brazilian Spirit of the Amazon is very similar to modern American comics. Its content, ...

Brazilian Company Becomes McDonald’s Main Supplier for Hamburger and Chicken

Brazilian company Marfrig Alimentos SA, Latin America’s second-largest beef producer, agreed to buy meat ...

Brazil and South America Aren’t Washington’s Open Backyard Anymore

When Evo Morales won his stunning December 18 presidential election victory, he did more ...

Transoceanic Highway Brings Asia Much Closer to Brazil

Brazilian President Luiz Inácio Lula da Silva, speaking in Puerto Maldonado, Peru, yesterday, for ...

US Accused of Unjustly Taxing Brazilian and Latin American Crews

In a press conference in Washington today, AITAL, the Latin American Airline Association, deeply ...

Brazil’s Eletrobrí¡s Makes US$ 507 Million, a 261% Rise

Brazil's state-owned Eletrobrás Group, which operates in the field of power generation and supply, ...

200 Air Force Men at Boeing Crash Site in Brazilian Jungle

Brazilian authorities restarted at 5;30 am, this Sunday, their search for victims of the ...

Congonhas airport in São Paulo, Brazil

After Giving In to Blackmail Brazil Gets Tough With Air Controllers

The Brazilian government toughened its position in negotiations with air traffic controllers Tuesday, April ...