Nigeria talks with Petrobras on deep-water acreage, says minister
"Petrobras is no longer active in Nigeria but they are very keen on coming back to Nigeria. They said they want frontier acreage in deep waters," Tuggar was quoted in a statement from the vice-president's office as saying.
Brazil is due to host the Brics summit and COP30 this year after hosting the G20 meeting last year.
Nigeria plans to promote investment at these summits as the African nation seeks to deepen ties with Brazil in areas such as energy, health, culture and agriculture.
The Brazilian state energy firm said in February it was in talks with companies including existing partners ExxonMobil, Shell and TotalEnergies to buy a share of their African assets.
Petrobras began operations in Nigeria in 1998 in the deep waters off the coast of the Niger Delta, but sold off its stakes more than 10 years ago to raise cash for domestic projects.
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