The Equinor CEO Highlights Brazil in the International Scenario in a Privileged Opposition Within O&G Business Strategies
In an interview, Anders Opedal, Country Manager of Equinor for Brazil, discusses the current strategies of the Norwegian oil company in Brazil and the country’s role in Equinor’s plan to become a broad energy company with investments in the renewable sector. The CEO was very clear regarding investments in Brazil and emphasized the strategic position of the country in the international scenario as one of the major producers of crude oil and gas in the world. According to Anders Opedal, Equinor wants to increase its activities in Brazil and secure the top spot as a collaborating multinational and holder of key contracts with Petrobras.
Equinor’s Relationship with Brazil
In Brazil, Equinor has numerous value chain projects that include exploration through discoveries, developments, production, and also within renewable energy. This makes the country a vital part of the company’s portfolio. To emphasize Brazil’s importance, the company has established a separate business area for development and production in the country. Equinor is leveraging its experience from the Norwegian continental shelf to progress the cultivated areas in Brazil.
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Equinor’s production assets in Brazil include the Peregrino field. The second phase of this project is set to start operations in 2020. It also holds a 25% stake in the giant Roncador field, which is also in production. The BM-C-33 block, which includes the major pre-salt discoveries of Carcará and Pão de Açúcar, as well as the globally competitive exploration area, is being assessed. Additionally, another 16 blocks and the northern block of Carcará, mainly in the Santos Basin, are being explored. The BM-S-8 block includes the discovery prospect and exploration of Carcará, which are being evaluated for future exploration and production.
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