OIL AND GAS OPERATIONS
In the last decades, Partex has departed from its traditional participation in oil and gas concessions and joint ventures in the Middle East, to become an operator in oil upstream activities. Partex was the operator for the initial phase of the Dunga field in Kazakhstan and is presently the operator of two fields in the Northeast of Brazil.
In what concerns exploration, Partex is undertaking activities in Angola and Brazil and until recently in Portugal and Algeria. In Brazil, the Group presently has interests in one offshore and two onshore blocks in association with Petrobras. The Group also acquired an interest in the deep offshore Block 17/06 in the Angolan Congo basin in association with TOTAL, Sonangol, and other companies.
It is our culture to preserve and further develop the historic partnerships in the Middle East where Partex will continue placing its human and technological resources in support of the continued development of the oil and gas industry, as one of the main pillars of the energy supply required by a fast developing world.
While being strongly committed to the successful development of those ventures, Partex is actively engaged in the process of identifying new investment opportunities in the energy sector.