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Equinor bags exploration rights offshore Brazil
June 10, 2018
Source: Compelo

Equinor bags exploration rights offshore Brazil

The Brazilian oil regulators National Agency of Petroleum, Natural Gas and Biofuels (ANP) has awarded Equinor exploration rights for the Uirapuru and Dois Irmãos blocks in the pre-salt area offshore Brazil. The Norwegian oil major joined forces with ExxonMobil (combined stake 28%) and Petrogal Brasil (14%) for the Uirapuru block, and with Petrobras and BP for the Dois Irmãos block. The exploration rights have added highly prospective acreage to Equinor’s exploration portfolio.

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