Offshore staff

(Russia)-Petrobras is considering partnerships with three Russian oil and gas companies in several projects ranging from E&P to natural gas transport, according to a company spokesperson.

During July 3-4, Petrobras E&P director Guilherme Estrella and a committee of Brazilian officials from the company's gas and power departments met with Russian companies Gazprom, Stroy Trangas and Rosneft.

While no firm commitment was reached at the time, Petrobras reports that it will "stay in touch" with the Russian companies. The two sides could work together in deepwater and onshore oil and gas exploration, natural gas pipeline construction, underground natural gas storage and liquefied natural gas (LNG).

"There is enormous interest between the companies, but no deadline to conclude negotiations," the spokesperson said.

07/12/2006