Petrobras signs four more exploration JVs

Petrobras signed four oil and gas exploration joint ventures with private Brazilian and foreign oil companies in January.This totals 27 JVs signed by the firm since last year, Petrobras New Ventures Manager Dirceu Abrahao told OGJ. And a 28th agreement is in the works. Click here to enlarge imagePetrobras and Chevron Corp. formed a JV to explore Block BC-20 in the Campos basin, off Rio de Janeiro state and Block BCUM-100 in the Cumuruxatiba basin, off Bahia state (see map). Petrobras signed another agreement with Brazilian firms Queiroz Galvao and Petroserv to develop Block BCAM-40, in the Camamu basin, off Bahia state, 50 km south of Salvador.Petrobras has also formed a JV with a unit o...

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