Pemex Wants Petrobras' Deepwater Magic
11 Articles
11 Articles
On Tuesday, Brazilian Petrobras and Mexican Pemex, the two largest oil companies in Latin America, signed an agreement to collaborate on exploration projects, production projects and exchange experiences on regulatory frameworks. The nascent collaboration has a view on the deep waters of the Gulf of Mexico, with the prospect that the technology developed by the Brazilian company to exploit the oil that is under thick layers of salt in the Atlant…
Pemex Wants Petrobras' Deepwater Magic
When you're drowning in debt, plagued by declining production, and running a refining business that seems chronically allergic to profits, buddying up with a more successful partner starts looking like a sound strategy. That's essentially what just happened between Mexico's Pemex and Brazil's Petrobras. The two state-controlled oil giants signed a memorandum of understanding this week to collaborate on exploration, production, refining, natural …
To establish strategic cooperation in the exploration, production and transformation of hydrocarbons, Mexican Petroleum (Pemex) and Brazilian Oil SA (Petrobras) signed a memorandum of understanding this morning, reported the Mexican parastatal. The office Firman Pemex and Petrobras memorandum of cooperation in exploration, production and transformation of hydrocarbons first appeared on Contraline.
Pemex and Petrobras signed a Memorandum of Understanding to explore opportunities for strategic cooperation in exploration projects, production and industrial processes related to hydrocarbons. The agreement contemplates the joint evaluation of initiatives in deep waters of the Gulf of Mexico, revitalization of...
After four months of negotiations between the governments of Mexico and Brazil, the agreement between the oil companies Pemex and Petrobras was signed, with the aim of cooperating in the exploration of new deposits and extraction of this fuel in the Gulf of Mexico and industrial refining and petrochemical processes. [...] The post Pemex and Petrobras sign cooperation to explore and extract oil in the Gulf of Mexico appeared first on Angulo 7.
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