Rio de Janeiro, June 23, 2026 – Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding (MoU) with Petróleos Mexicanos (PEMEX), with the purpose of establishing strategic and technical cooperation for the assessment, development and joint execution of projects in the hydrocarbons industry, including the development of opportunities in the Exploration and Production (E&P) and Industrial Processes areas, as well as the exchange of experiences on regulatory and institutional aspects of the sector.
In the E&P segment, the companies will evaluate initiatives aimed at the revitalization of mature fields, seismic reprocessing and exploratory and development opportunities in deepwater and ultra deepwater areas, including assets located in the Gulf of Mexico. The partnership also includes the exchange of technical knowledge, technologies and best practices, leveraging Petrobras’ recognized expertise in highly complex offshore operations.
In the industrial area, the MoU covers cooperation opportunities in refining, petrochemicals, fertilizers, gas processing and liquids recovery, energy efficiency, emissions reduction, carbon capture and the production of lower-carbon-intensity fuels, in addition to the sharing of best practices related to safety, operational reliability and environmental protection.
The MoU is valid for two years and may be renewed. The agreement does not constitute a binding investment commitment, nor does it create a partnership, consortium or joint venture between the parties. Any opportunities identified may be subject to future negotiations and will depend on the execution of specific instruments, subject to feasibility analyses, approvals by the competent bodies and the governance rules applicable to each party.
Any facts deemed relevant will be promptly disclosed to the market.
Brazil Energy Insight 
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