Petrobras CEO Jose Gabrielli will fly to Lima for the event and describe the reach of the MOU in a subsequent press conference, the spokesperson said.
The Brazilian company previously announced the two firms were interested in developing joint ventures for E&P, natural gas, biofuels, refining and petrochemicals.
The prospective projects are not included in Petrobras' US$87.1bn, 2007-11 plan.
Petrobras has production activities in block 10 in northwest Peru's Talara area as well as six exploration concessions in the country totaling 57,500 sq km.
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