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Petrobras signed a Memorandum of Understanding with PEMEX to establish strategic and technical cooperation in the…

PBRPetrobras - Petroleo Brasileiro SA

Petrobras signed a Memorandum of Understanding with PEMEX to establish strategic and technical cooperation in the hydrocarbons industry. The agreement covers exploration and production, including deepwater and ultra-deepwater opportunities in the Gulf of Mexico, as well as industrial processes like refining, petrochemicals, and carbon capture. The partnership is valid for two years and does not constitute a binding investment commitment. Petrobras is an integrated petroleum corporation operating in the energy sector.

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