Total and Petrobras in a strategic alliance
Petroleumworld.com 03 01 2017
* Have signed definitive contracts in relation to the package of assets contemplated in the strategic alliance
* Contracts signed yesterday seal strategic alliance between petrobras & co creating new partnerships in upstream and downstream sectors
* Alliance should allow both co & petrobras to combine their internationally recognized expertise on all segments of oil and gas value chain in brazil,internationally
* Petrobras will transfer 22.5% of rights to total in concession area named iara in block bm-s-11 Source text for Eikon: Further company coverage:
In January, Russian oil production stood at 11.11 million bpd.
Reporting from Reuters.
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