Petrobras says Exxon expressed ‘strong interest’ in pre-salt oil

5 Apr 2017   Brazil

Brazil’s state-run oil company Petroleo Brasileiro SA Chief Executive Officer Pedro Parente talks during a news conference in Rio de Janeiro, Brazil, January 11, 2017. REUTERS/Nacho Doce U.S. oil company Exxon Mobil Corp ( XOM.N ) expressed to Brazil’s state-controlled company Petrobras ( PETR4.SA ) “strong interest” in the exploration of deep-water oil fields off the Brazilian coast, Petrobras Chief Executive Pedro Parente said on Tuesday. “Considering movements towards a strategic partnership, we have nothing concrete with Exxon, but they have certainly expressed strong interest in the Brazilian pre-salt exploration,” Parente told reporters. Earlier on Tuesday, The Wall Street Journal reported that Exxon was in talks to gain access to Brazil’s deep-water oil resources, citing people familiar with the matter. Petroleo Brasileiro Sa Petrobras, familiarly known as Petrobras, and Exxon initially declined to comment on the report, but later Parente briefly spoke about it on his way out of […]

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