Oil India signs pact with Petrobras to bid for oil, gas assets, chairman says

NEW DELHI (Reuters) – Oil India Ltd has signed an agreement with Petrobras to jointly bid for oil and gas exploration blocks in India, its chairman Ranjit Rath told Reuters on Tuesday.

Petrobras chief executive Magda Chambriard said the company was looking at exploration opportunities as well as to trade in petroleum products with India.

(Reporting by Sethuraman NR; Editing by YP Rajesh)

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