Brazil, Guyana, Suriname Eye More Cooperation in Oil and Gas

© Ranimiro / Adobe Stock
© Ranimiro / Adobe Stock

Brazil, Guyana and Suriname have agreed to deepen discussions on cooperation in the oil and gas sector, according to a joint statement released by the countries on Thursday after a meeting between their presidents.

Guyana President Irfaan Ali said he expects Brazil's state-run oil firm Petrobras PETR4.SAto become more involved in exploration in his country, according to a statement by Brazil's government.

Brazil's President Luiz Inacio Lula da Silva said he would speak to Petrobras about possible partnerships with Guyana, where Exxon Mobil XOM.N has made major oil discoveries.

The South American nations have also committed to work "unceasingly" towards the maintenance of peace in the region, according to the statement, after Venezuela recently revived its claim to Guyana's oil-rich Esequibo area.

(Reuters - Reporting by Peter Frontini; editing by Gabriel Araujo and Marguerita Choy)

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