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Tag: Brazil
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ExxonMobil Wins Eight Deepwater Blocks in Latest Brazil Bid Round
IRVING, Texas, Petrominer – ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round. The blocks awarded add about 640,000 net acres to the ExxonMobil portfolio. Six of the eight newly awarded blocks will be operated by ExxonMobil. The additional blocks expand the company’s total…
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Petrobras and ExxonMobil Form Strategic Alliance
IRVING, Texas, Petrominer – Petrobras and ExxonMobil signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities. The memorandum of understanding was signed in Rio de Janeiro, Thursday (12/14), by Pedro Parente, president of Petrobras, Brad Corson, president of ExxonMobil Upstream Ventures, and Stephen Greenlee, president of ExxonMobil…
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