December 15, 2017 / 12:31 AM / 9 months ago

Brazil's Petrobras to announce partnership for Campos Basin- CEO

SAO PAULO, Dec 14 (Reuters) - Brazilian state-controlled oil company Petróleo Brasileiro SA will announce soon a partnership to allow Campos Basin, which first produced oil 40 years ago, to continue producing for a long time, Petrobras Chief Executive Officer Pedro Parente said.

In an event in Sao Paulo, Parente said Campos Basin "will be able to produce oil for more 40 years". Parente added the partnership for the Campos basin is not related to a wider agreement with Exxon Mobil Corp announced on Thursday. (Reporting by Lais Martins; Writing by Tatiana Bautzer; Editing by Sandra Maler)

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