Statoil announced the purchase of 50% participation in two blocks in the Espirito Santo Basin, BM – ES 40 and 41, from OGX and Sinochem. Statoil will operate the blocks jointly with Perenco (50%), a UK based independent operator.
Statoil now holds 11 oil concessions in Brazil, 7 in the Espirito Santo Basin. Last year Statoil purchased a 66% participation from Petrobras in Carcara (BM-S-8) in the pre-salt Santos Basin.
Categories: Offshore Activity