Offshore Activity

Petrobras and Total


The relationship between Petrobras and Total could not be better. They are already discussing new investments under their MOU Agreement announced at the end of last year, in the order of US $ 2.2 billion. The additional contributions would mainly be in the Libra field where the overall cost estimates have already fallen by 35% in relation to the initial projections.

The two companies are partners in 9 exploration projects in Brazil and six abroad.

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