Staatsolie is Suriname’s national oil company. In this case, the agreement extends to carbon capture, new energy sources and contingency response planning.

One of their goals is to use Petrobras’ experience to advance more sustainable development of Suriname’s oil, gas and energy industries.

The non-binding agreement with YPF, which runs for three years, is focused on hydrocarbons activity, and it also provides for a technological cooperation that could lead to knowledge sharing in complementary skills.

Petrobras is already a partner to YPF in the onshore Rio Neuquén field development in the Neuquén Basin.