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Statoil Insatiable Licenses Another 5 Oil Wells

Written by Paulo Nogueira
Published on 09/04/2018 at 10:58
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Following Shell’s Steps Towards Expanding Its Service Portfolio in Brazil, Statoil Is Not Holding Back and Is Increasing Its Presence in the Brazilian Oil and Gas Market.

Statoil will undoubtedly be one of the major players in the Brazilian oil and gas sector. Its acquisitions and participation in oil auctions leave no doubt in this regard. It has been acquiring assets and wells in several of our sedimentary basins, alongside Shell and Exxon Mobil. Although the name “Statoil” is strong in the market, it ultimately changed to “Equinor” due to its expansion into new areas of operation for the company.

Last week, Statoil began the environmental licensing process for 5 wells in the pre-salt region of Carcará, in a concession from the 2nd pre-salt auction in 2017, and the company’s logistical operations base will be in Niterói, RJ, at the Brasco base. To give you an idea, the company waited for the completion of seismic surveys in the area to ensure the geological potential; this was the strategy adopted by Shell; otherwise, “the government could get greedy” and raise rates or taxes on these assets if the seismic data revealed greater potential than offered in the auctions.

Statoil is currently drilling in the exploratory block BM-S-8 at Carcará, with operations planned for 4 years. Seadrill signed with the company and will use the West Saturn rig to drill some of these assets for testing; if all goes well, it will use this offshore unit for 6 more wells over the duration of the contract. We have followers working on this rig; check out some of them in this Seadrill recruitment article..

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Paulo Nogueira

Eletrotécnica formado em umas das instituições de ensino técnico do país, o Instituto Federal Fluminense - IFF ( Antigo CEFET), atuei diversos anos na áreas de petróleo e gás offshore, energia e construção. Hoje com mais de 8 mil publicações em revistas e blogs online sobre o setor de energia, o foco é prover informações em tempo real do mercado de empregabilidade do Brasil, macro e micro economia e empreendedorismo. Para dúvidas, sugestões e correções, entre em contato no e-mail informe@en.clickpetroleoegas.com.br. Vale lembrar que não aceitamos currículos neste contato.

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