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The Nexus
BUSINESSJun 22 · 14:08 UTCTHE RIO TIMESMatias Sebastian Lopez

Petrobras Teams Up With Equinor to Drill a New Campos Frontier

Petrobras agreed to buy half of the Itaimbezinho exploration block from Norway’s Equinor. Equinor remains the operator with the other half, and a state body manages the production-sharing contract. The block is located offshore in the Campos Basin, a veteran oil region.

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PetrobrasorganizationEquinororganizationNorwayplaceItaimbezinho exploration blockplaceCampos Basinplacestate bodyorganization
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