Statoil Shapes and Strengthens its Position in the Carcará Oil Discovery in Brazil

Statoil Brasil Oleo e Gas Ltd., a subsidiary of Statoil ASA, ExxonMobil Exploracao Brasil Ltda., a subsidiary of Exxon Mobil Corporation, and PETROGAL BRASIL, S.A., a subsidiary of Galp, were the high bidders for a production sharing contract...