Roncador: a strategic partnership
Roncador was the largest offshore discovery in Brazil in the 1990s and currently has a production potential of nearly 150,000 barrels of oil equivalent per day. It is also the largest producing field outside the Brazilian pre-salt area, with approximately 10 billion barrels of oil equivalent originally in the reservoir.
In 2018, Equinor and Petrobras formed a strategic alliance for the field. The partnership between Petrobras, the world’s largest deepwater operator, and Equinor, with its extensive expertise in Improved Oil Recovery (IOR), has been a game changer for the field, where we aim to increase production by more than 1 billion barrels of oil equivalent.
The strategic alliance agreement also includes an energy efficiency program and carbon dioxide emission reduction in Roncador.