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Statoil in $2.5bn Carcara deal

Norwegian giant Statoil has reached a deal with Petrobras to take the Brazilian company’s operated stake in the block containing a substantial portion of the Carcara oil discovery in the offshore Santos basin.

Brazil deal: Statoil is to buy a 66% operated stake in the Carcara find from Petrobras for $2.5 billion
Brazil deal: Statoil is to buy a 66% operated stake in the Carcara find from Petrobras for $2.5 billion
Published 29 July 2016, 04:52Updated 29 July 2016, 12:17