Statoil expands the party in Brazil

Norwegian energy giant Statoil has expanded its operations in South America, buying part of an offshore Brazilian oil field from mining company Vale. Once Brazilian authorities approve the deal, it will own a 25% interest in a block in the Espirito Santo Basin next to one it already partly owns. Statoil is the operator of […]

Petrobras hit 2 new Brazilian finds

Petrobras has announced two new oil and gas finds off the coast of Brazil in the Espírito Santo basin. Brazil’s state-run oil firm, which operates globally, said they struck lucky at wells informally known as “Pé de moleque” and “Quindim”. It follows a previous find in the same area. The company shares operation of the […]

Festival Net Zero 2021