CERAWeek 2024: Petrobras, Mitsui exploring carbon capture, hydrogen opportunities

Offshore staff

RIO DE JANEIRO, Brazil — Petrobras and Mitsui & Co. (Brasil) signed a memorandum of understanding (MoU) during the CERAWeek by S&P Global conference this week in Houston.

They plan to jointly assess opportunities for the production of sustainable hydrogen and its derivatives, the use of biomethane, and CO₂ capture, transportation and storage.

Mitsui & Co. is a trading and investment company with a presence in more than 60 countries and a business portfolio covering a wide range of sectors.

The MoU is said to align with low-carbon priorities in Petrobras’ 2024-28+ Strategic Plan to prepare the company for the energy transition.

03.20.2024