US EditionEquinor Secures Exploration Acreage in Brazil - Drilling Contractor
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Correio da ManhãTogether with Petrobras, Galp acquired the right of exploitation to the more than three areas in southern Brazil, which provide an area of more than three thousand square kilometers.
Equinor secures exploration acreage in Brazil - Drilling Contractor
Equinor deepened its position in the Santos basin after winning the S-M-1617 block during Brazil’s 5th Open Permanent Concession bid round. The S-M-1617 license in Brazil was secured by Equinor on a 100% basis with a total signature bonus of around 30.5 million Brazilian real. The block is located 60 km away from the S-M-1378 … The post Equinor secures exploration acreage in Brazil appeared first on Drilling Contractor.
The winning Consortium is composed of Petrobras, which assumes the role of the operator and a 70% position, and Galp, which holds the remaining 30%
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