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lula.jpg Photo: Ricardo Stuckert/AP/Polfoto/Arkiv

Statoil bets big on Brazilian oil

Statoil has great ambitions for Brazil where the company has now bought a bigger stake in field Caraca. In the long term, Statoil wants to achieve a daily output of around 700,000 barrels per day in Brazil, reports Dagens Næringsliv.

BY NIKLAS KRIGSLUND, SHIPPINGWATCH

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