Petrobras and the Companhia Cubana de Petróleo (Cupet) signed a wide-ranging exploration & production, lubricant, refining, maintenance, research & development, and human resource cooperation agreement in Havana this morning (01/15).

Specific Memorandums of Understanding were also signed to define the stages and deadlines to be fulfilled to analyze and make exploration and production and lubricant projects viable.

The documents were signed by Petrobras’ president, José Sergio Gabrielli de Azevedo, and by Cupet’s general director, Fidel Rivero Prieto, during the official visit made by President Luis Inácio Lula da Silva to Cuba. Petrobras’ president was part of the President of the Republic’s official entourage, which was formed by Brazilian ministers and executives, and was in Havana from January 13 to 15.