Equinor will no longer be an operator in Espírito Santo

Apr 30, 2020

Petrobras intends to acquire Equinor’s stakes in blocks ES-M-598 and ES-M-673, in deep waters in the Espírito Santo Basin. They are operated by the Norwegian company with a 40% stake, in partnership with Petrobras (40%) and Enauta (20%). At the end of the operation, Petrobras will hold an 80% interest in both concessions.

Norwegian oil company plan has to be approved by Cade and ANP.

Source: PetroleoHoje


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