Petrobras and Indian companies sign agreements in the energy sector

Agreements aim to expand opportunities in areas such as exploration and production of oil, gas and low-carbon solutions
Petrobras and Indian companies sign agreements in the energy sector
Photo: Petrobras Agency

Petrobras signed two memorandums of understanding this week with three state-owned energy companies in India for cooperation in different areas.

The first agreement was signed on Tuesday (11) with Oil India, which operates in the exploration and production of oil, through which the two companies will seek collaboration in areas of common interest in the offshore segment.

The second memorandum was signed this Wednesday (12), with ONGC (Oil and Natural Gas Corporation). The agreement aims to expand opportunities in the areas of exploration and production, oil and gas marketing, decarbonization and low carbon solutions, development of biofuels and new energies.

Also on Wednesday (12), Petrobras signed a contract for oil exports with the Indian state-owned company BPCL (Bharat Petroleum Corporation Limited), which foresees a total sales volume of up to 6 million barrels per year and will begin later this year.

All these agreements were signed during a visit by a business delegation from the Brazilian company to India, during India Energy Week, in New Delhi. 

Among the company executives present at the mission were names such as the president of Petrobras, Magda Chambriard, and the executive director of Exploration and Production, Sylvia Anjos. 

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Photo by Henrique Hein
Henrique Hein
He worked at Correio Popular and Rádio Trianon. He has experience in podcast production, radio programs, interviews and reporting. Has been following the solar sector since 2020.

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