Petrobras, Galp to Ink MOU for Operatorship in Brazil's Shallow Basins


Petrobras and Galp Energia will sign a MOU during the 9th Brazil-Portugal Summit Meeting in Salvador to assess the possibility to establish and/or maintain partnerships with Petrobras to allow Galp to perform as an operator in blocks located in shallow Campos, Santos, and Espirito Santo basin waters.

The event will be attended by the president of the Republic, Luiz Inacio Lula da Silva, and the prime minister of Portugal, Jose Socrates. The presidents of Petrobras, Jose Sergio Gabrielli de Azevedo, of Galp, Manuel Ferreira de Oliveira, and of EDP Energias do Brasil, Antonio Pita de Abreu will also be present.