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Petrobras offshore development and Pemex partnership
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Latest: Pemex and Brazil's Petrobras sign two‑year MoU for deep‑water cooperation
In late July 2026, Brazil’s state oil firm Petrobras moved forward with its deepwater SEAP (Sergipe Águas Profundas) project in the Sergipe‑Alagoas basin, securing a competitive bid to supply up to 32 submerged Christmas