Petrobras Mulls Projects with Russian Oil, Gas Firms
Brazil's federal energy company Petrobras (NYSE: PBR) will consider cooperating with three Russian oil and gas companies in several projects ranging from E&P to natural gas transport, a Petrobras spokesperson told BNamericas.
Petrobras met July 3-4 with Russian companies Gazprom, Stroy Trangas and Rosneft.
"There is enormous interest between the companies, but no deadline to conclude negotiations," the spokesperson said.
Petrobras E&P director Guilherme Estrella met with the Russians, leading a committee made up of officials from the state company's departments of gas and power, research and new business as well as its transport subsidiary Transpetro, Petrobras said in a statement.
Petrobras and the Russian companies will stay in touch. The two sides could work together in deepwater and onshore oil and gas exploration, natural gas pipeline construction, underground natural gas storage and liquefied natural gas (LNG).
Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.
- Oil May Bring 400,000 Jobs and $258B in Investments to Brazil (Jan 17)
- Petrobras Sells Rights in 37 Oilfields for $823MM (Nov 28)
- Brazil Subsea Pipeline Project Goes to McDermott (Nov 21)
Company: Rosneft more info
- Ifax: ExxonMobil Sees Russian LNG Plant's Capacity At 6.2MM T/Year (Jun 07)
- Russia State Oil Firm Starts Drilling At New Well Offshore Vietnam (May 15)
- Rosneft Appeals to Market With $2 Billion Buyback, Debt Cut (May 01)