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Statoil do Brasil Ltda

Rio de Janeiro, Brazil

Contact Information

Praia de Botafogo, 300/8o floor

Rio de Janeiro, 22250-040

Brazil

About

Interests in two deepwater blocks on the Brazilian continental shelf were awarded to Statoil in the country’s seventh offshore licensing round of October 2005. This brought the total number of blocks in which the group is involved off Brazil to seven, including three where it serves as operator. These holdings are BM-CAL-7, BM-CAL-8, BM-CAL-10, BM-J-3, BM-ES-11, BM-ES-594 and BM-C-539. Water depths on this acreage varies from 1,000 to 2,700 metres. Brazil produces more than 1.7 million barrels of oil equivalent per day, and has many projects in the development pipeline.

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