Equinor’s Brazil CEO Nina Koch outlines growth plans for gas and oil
Norway’s Equinor, Brazil’s third-largest oil producer, plans to expand its portfolio in the country. It is focusing on Raia, a major pre-salt gas project in the Campos Basin, and is ramping up output from the Bacalhau field in the Santos Basin toward as much as 220,000 barrels of oil equivalent per day. New Brazil CEO Nina Koch also emphasizes continued renewable investments despite volatile oil prices and transition delays.