Statoil acquires 25% interest in Roncador field, tripling its production in Brazil

Statoil ASA and Petrobras have agreed that Statoil will acquire a 25% interest in Roncador, a large oil field in the Campos basin in Brazil. The transaction nearly triples Statoil's production in Brazil, with attractive break-evens and potential for additional value creation for both parties. More »