BP, Petroleo Brasileiro Form Strategic Alliance
April 12 2018 - 8:11AM
Dow Jones News
By Ian Walker
BP PLC (BP.LN) said Thursday that it has signed an agreement
with Petroleo Brasileiro S/A (PBR) to explore areas of mutual
interest, both inside and outside of Brazil.
BP said the two companies have committed to exploring potential
joint commercial agreements in upstream, downstream, trading and
across low-carbon initiatives.
The alliance is also expected to include the transfer of
technology as well as joint training and research, BP said.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
April 12, 2018 07:56 ET (11:56 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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