economy

It's on the 'wish list': Petrobras is still in the evaluation stage for potential opportunities in Venezuela

Petrobras is still in the early stages of evaluating potential opportunities in Venezuela, said Magda Chambriard, the company's CEO. However, she admitted that the country is on the Brazilian oil company's 'wish list.' By Bitácora Económica Chambriard also announced this Tuesday that Petrobras will send representatives to Mexico to explore [...]

It's on the 'wish list': Petrobras is still in the evaluation stage for potential opportunities in Venezuela

TL;DR

  • Petrobras is evaluating potential opportunities in Venezuela.
  • Venezuela is on Petrobras' "wish list" for expanding abroad.
  • The company will send representatives to Mexico to explore business opportunities.
  • Petrobras is considering a partnership with Mexico's state-owned oil company, Pemex.
  • Opportunities in Mexico include the sub-developed Mexican part of the Gulf of Mexico, especially in ultra-deep waters.
  • Potential collaboration with Pemex could involve exploring and operating mature oil fields and refining the oil in Mexico.