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  • Petrobras has formed a Strategic Alliance with CNPC
    édité le 12/07/2017 - Plus de news de "PETROBRAS" - Voir la fiche entreprise de "PETROBRAS"

Petrobras has formed a Strategic Alliance with CNPC
Petrobras CEO, Pedro Parente, and the vice president of CNPC and CEO of PetroChina, Wang Dongjin, signed a Memorandum of Understanding in Beijing to begin negotiations for a strategic partnership.

Based on this Memorandum of Understanding, the companies undertake to jointly evaluate opportunities in Brazil and abroad in key areas of mutual interest, benefiting from their capabilities and experience in all segments of the oil and gas chain, including the potential structuring of funding.

To us, partnerships are an important strategy foreseen under the 2017-2021 Business and Management Plan. Strategic partnerships have the potential benefits of sharing risks, increasing capacity for investments in the oil and gas chain, of technological exchanges, and of strengthening corporate governance. To CNPC, partnering with us reinforces their interest in investing in and increasing their activities in Brazil.

Petrobras and CNPC: Since 2013, we have been partners with CNPC in the Libra area, the first contract signed under the production sharing system, which is located in the Santos Basin pre-salt cluster.

About Petrobras

We have upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years. With the discovery of oil and gas in the pre-salt region, Brazil may become the world's fourth biggest oil producer in 2030.

We have built a track record of overcoming challenges since 1953, when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of our reserves are nestled. With innovation and daringness, we are now the Brazilian company that makes the applies for the most patents in Brazil and abroad.

About CNPC

CNPC is China's largest integrated O&G corporation, with activities in the upstream, midstream, downstream, trade, and marketing areas, and in petroleum service provision, engineering, construction, and equipment manufacturing. CNPC has operations in more than 70 countries.

Origine : Communiqué PETROBRAS

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