Brazil’s Petrobras and Energy Giant Total Reach Agreement

By Nelson Belen, Contributing Reporter

RIO DE JANIERO, BRAZIL - Earlier this week, Brazil oil giant, Petrobras, and the French oil and gas company, Total, signed a strategic partnership agreement setting the framework for segments of gas and energy exploration and production. The agreement, referred to as a Memorandum of Understanding, was announced at the Rio Oil and Gas Expo, the largest oil and gas exposition in Latin America.

"Petrobras and Total inform that Pedro Parente, CEO of Petrobras, and Patrick Pouyanne, Chairman and CEO of Total, have signed today, in Rio de Janeiro, a Memorandum of Understanding which sets the . . .

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