* Statoil operates Peregrino heavy oil field off Brazil
* Says plans to add the third platform at Peregrino on track
* Says aims to become operator for unitised Carcara
(Adds quotes, background)
By Nerijus Adomaitis
OSLO, June 12 Norwegian oil and gas company
Statoil aims to more than triple its production in
Brazil and wants to become the sole operator for the entire
Carcara discovery, among the world's biggest in recent years,
its local country manager said.
Statoil has invested more than $10 billion in Brazil, making
it the country's largest foreign offshore operator. The
Peregrino heavy oilfield 85 km off the coast of Rio de Janeiro
is the biggest it operates outside Norway.
With Peregrino producing 80,000-90,000 barrels of oil
equivalents per day, Statoil's 60 percent equity stake in the
field currently leaves the company with 48,000-54,000 barrels in
daily output from the South American country.
"We expect (Statoil's) equity production to more than triple
in Brazil going towards 2030," Anders Opedal, Statoil's head of
Brazilian operations, told Reuters in an interview, referring to
the company's share of production.
Last year, Statoil bought a 66 percent stake and became the
operator of the BM-S-8 licence in the Santos Basin, including
parts of Carcara, from state-run Petroleo Brasileiro SA
(Petrobras) for $2.5 billion.
The Norwegian firm also took operating control of the
BM-C-33 licence in the Campos basin from Repsol Sinopec, holding
a 35 percent stake.
Statoil has also approved the Peregrino phase 2 development,
which is expected to add 250 million barrels of reserves at a
break-even price of below $45 a barrel, down from an original
estimate of $70 a barrel.
"We are on track to start the third platform at Peregrino at
end-2020," Opedal said.
Statoil plans to drill one exploration well on a separate
prospect in the BM-S-8 licence this year, before moving to test
flows at nearby Carcara in 2018.
Statoil may also take part in Brazil's upcoming auction
round in so-called pre-salt formations on October 27, which will
include parts of the Carcara discovery.
"We have a very strong desire to be the operator for the
totality of the Carcara discovery," Opedal said.
Meanwhile, the company was still evaluating options for
developing the BM-C-33 licence in the Campos Basin, where three
discoveries have revealed an estimated one billion barrels of
"This is another field, which is going to be part of
Statoil's core production (in Brazil)," Opedal said, declining
to give any timetable for investment decisions.
The Campos Basin accounts for about 80 percent of Brazil's
(Editing by Terje Solsvik and Keith Weir)