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Norwegian oil and gas firm Statoil aims to more than triple its production in Brazil and will seek to become operator for the entire Carcara discovery. among the world`s biggest in recent years. the firm`s country manager said.
Statoil has invested more than $10 billion in Brazil. making it the country`s largest foreign offshore operator. and the Peregrino heavy oil field 85 kilometres off the coast of Rio de Janeiro is the biggest it operates outside Norway.
With Peregrino producing 80.000-90.000 barrels of oil equivalents per day. Statoil`s 60 percent equity stake in the field currently leaves the company with 48.000-54.000 barrels in daily output from the South American country.
`We expect (Statoil`s) equity production to more than triple in Brazil going towards 2030.` Anders Opedal. Statoil`s head of Brazilian operations. told Reuters in an interview.
