Petrobras, Galp pursue further joint opportunities

Offshore staff

RIO DE JANEIROPetrobras and Galp Energia have signed a memorandum of understanding to broaden their cooperation.

They will consider joint ventures in oil and gas exploration, production and infrastructure development, both in Brazil and elsewhere.

The MOU extends to a joint training and research programs for technical education and research with a focus on deepwater carbonate reservoirs.

The two companies have built partnerships and have participated in several major discoveries over the past decade. One is the Lula field, the biggest current development in the presalt Santos basin offshore Brazil.

10/13/2016

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...