BRIEF-Equinor's Brazil chief sees room to boost profitability of fields


Reuters | Updated: 06-02-2019 17:57 IST | Created: 06-02-2019 17:57 IST
BRIEF-Equinor's Brazil chief sees room to boost profitability of fields

Equinor's chief for operations in Brazil, Margareth Oevrum, told a capital markets day on Wednesday: * EQUINOR'S BRAZIL CHIEF: BREAK-EVEN PRICE OF NON-SANCTIONED BRAZILIAN PROJECTS IS BELOW $40/BARREL, "WE HAVE AMBITIONS TO LOWER IT FURTHER"

* EQUINOR'S BRAZIL CHIEF: AT BRAZIL'S RONCADOR FIELD, WE ARE CONFIDENT WE CAN BOOST RECOVERY AT FIELD * EQUINOR BRAZIL CHIEF: RONCADOR'S RECOVERY RATE IS 29 PERCENT, LONG-TERM AMBITION IS 40 PERCENT

* EQUINOR'S BRAZIL CHIEF: AT CARCARA FIELD, THERE IS POTENTIAL TO LOWER BREAK EVEN FURTHER FROM CURRENT LEVEL OF BELOW $35/BARREL Further company coverage: (Reporting by Gwladys Fouche)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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