Statoil will participate in more oil auctions in Brazil

The Offshore Panorama has been tracking the long-term investment that the Norwegian oil company Statoil has been performing in Brazilian lands. As we reported already, the company has been concentrating forces field Peregrino, with 60% local content area, in the Campos Basin. In addition, the oil has projects Sugar Loaf and Carcará.

The forecast is that the Nordic company further bet in Brazil participating in new auctions, according to its president in Brazil, Anders Opedal. He said, in the event of the Brazilian Petroleum Institute (IBP), a competitive regulatory framework is needed for oil and gas companies.

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