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Is There ‘Hidden’ Oil in Cantarell? Petrobras Technology Will Help Find Out

Summary by El Financiero
Mexico and Brazil signed an agreement in June establishing that they will exchange technology. Claudia Sheinbaum remarked that this will give Pemex the possibility of further growth.

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Mexico and Brazil signed an agreement in June establishing that they will exchange technology. Claudia Sheinbaum remarked that this will give Pemex the possibility of further growth.

·Mexico
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Lean Left

Claudia Sheinbaum, president of Mexico, justified the collaboration agreement between Petróleos Mexicanos (Pemex) and Petrobras by specifying that the central point of work will be exploration in the Cantarell field.

The recent Memorandum of Understanding (MoU) signed between Petróleos Mexicanos (Pemex) and the Brazilian Petrobras has defined one of its most ambitious objectives: to explore the deep and ultra-deep horizons of Cantarell, the historical asset that at its peak carried the national production above 3 million barrels per day (mbd) at the beginning of this century. President Claudia Sheinbaum Pardo explained that the strategic alliance will take a…

This video presents a press conference in which a woman speaks from a podium with the United Mexican coat of arms and the national flag. A sign language interpreter appears in the lower right corner. The event, identified as a “People’s Conference”, addresses issues related to oil exploration, new deep-water drilling techniques and collaboration between Pemex and Petrobras. Cantarell’s site is mentioned as an object of exploration. A man also in…

President Claudia Sheinbaum said Brazilian oil technology will allow oil to be sought in a deeper area than its active star.

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Bloomberg Linea broke the news on Monday, July 6, 2026.
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