Who is scheduled to visit Brazil in June, and what is the main purpose of the visit according to Petrobras’ CEO?

According to Petrobras’ CEO Magda Chambriard, Petróleos Mexicanos’ (Pemex) new chief executive Juan Carlos Carpio is expected to visit Brazil this month (June) to explore a potential deal with Petrobras for joint offshore oil exploration in the Gulf of Mexico. The visit aims to advance cooperation between the two state-run oil companies, specifically focusing on initiating joint studies for oil exploration, production, and refining on Mexico’s side of the Gulf.

What preliminary agreements are Pemex and Petrobras seeking to sign during this collaboration, and what do they intend to enable?

Pemex and Petrobras are seeking to sign initial documents including non-disclosure agreements (NDAs) and memorandums of understanding (MOUs) to formally begin joint studies for offshore oil exploration in Mexico’s portion of the Gulf of Mexico, as well as for oil production and refining activities. These preliminary agreements are intended to lay the legal and operational groundwork for deeper technical and strategic cooperation between the two national oil companies.

Petrobras’ Chambriard Says Pemex CEO To Visit Brazil in June

Jun 12, 2026

Pemex CEO Juan Carlos Carpio is scheduled to visit Brazil to negotiate a joint oil exploration deal with Petrobras in the Gulf of Mexico. State-run firms intend to sign memorandums for offshore studies and refining cooperation.

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