Petrobras and Foro Energy Announce Signing Extension of Technology Cooperation Agreement

Oil and Gas - Feb 16, 2017

Petrobras and Foro Energy today announced the signing of an amendment extending their Technology Cooperation Agreement (TCA) for developing a next generation high power laser drilling system.

The TCA extension between Petrobras Research & Development Center (CENPES) and Foro Energy sets the framework to continue the collaborative research between Petrobras and Foro Energy for an additional two years with the opportunity for extensions.

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Subsea Production & Processing Systems Market 2017-2027

Both Petrobras and Foro Energy recognize the importance of successfully commercializing innovative drilling technology and the potential of high power lasers to deliver a step change performance in drilling.

Source : Petrobras

Published on Global Energy World: Feb 16, 2017


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