The Brazilian state energy firm is in talks with companies, including existing partners ExxonMobil, Shell and TotalEnergies, to buy a share of their African assets, Sylvia dos Anjos, the company's Director for Exploration and Production, told Reuters on the sidelines of the India Energy Week conference.

"In our portfolio, it makes better sense. It is economical. They are our partners in Brazil so it is easy to go anywhere (with them). So it is natural," she said.

Petrobras hopes to produce 2.8 million barrels per day in 2025 and has plans to raise that to 3.1 million bpd by 2029, dos Anjos said.

The company is comfortable with current oil prices as its projects are "sustainable at a very low price of $45 a barrel", she added.

--Reuters--