Representative of one of the support parties of the Norwegian government wants Equinor out of Brazil because the country does not fulfill obligations in relation to the Amazon
The issue of burning in the Amazon continues to echo across all sectors and has now reached offshore. A highly representative parliamentarian in the Norwegian parliament, after all he chairs the Energy and Environment commission, said yesterday (25/08) to the press that the Norwegian government should file a request with Equinor for the company to withdraw its investments from Brazil. In the meantime, investments are progressing and Equinor hires the Safe Concordia floatel for operations in Brazil.
Liberal politician Ketil Kjenseth, belonging to one of the four parties that support the government, wants the initiative to help put pressure on the Brazilian government regarding the interruption of the fire and the deforestation of the Amazon.
A Equinor Its largest shareholder (67%) is the Norwegian government, and not long ago it was called Statoil. The company is one of the most prominent foreign companies in the Brazilian oil sector, with emphasis on pre-salt and investments in solar energy.
Equinor operates the Peregrino field, in the Campos Basin, which is the company's largest offshore project outside Norway and where it will implement phase 2 of the asset that will increase production with the entry of one more platform (WHP-C), which is being built in the US and its jacket in the Netherlands.
Equinor currently produces between 90 and 100 barrels a day in Brazil, the Norwegian plan is to produce 300 to 500 barrels of oil a day in the country in 2030, for which investment of US$ 15 billion will be required by 2030.
In addition, heavy investments are expected from the company in the mega-auction of the transfer of rights surplus, scheduled for the beginning of November.
Despite the request from the chairman of the Energy and Environment commission, Minister of Industry Torbjørn Røe Isaksen believes that the proposal will not be echoed within the Norwegian government, as he believes that the issue of the Amazon must be resolved with actions and not with boycotts.
Equinor, on the other hand, released a note saying that: “it does not get involved in political issues or decisions of countries. However, he emphasizes that Brazil is one of the three main areas of the company”.
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