When is Equinor's Raia natural gas project in Brazil expected to start production?

The Raia natural gas project in Brazil is expected to start production in 2028.

What percentage of Brazil's domestic gas demand will the Raia project supply?

The Raia project will eventually supply about 15% of Brazil's domestic gas demand.

Where is Equinor planning new exploratory activities in Brazil?

Equinor is planning new exploratory activities in the southern area of the Santos basin, near a major discovery announced by BP.

Home / Business and Economy / Equinor Drills Brazil Gas Wells, Eyes New Exploration

Equinor Drills Brazil Gas Wells, Eyes New Exploration

24 Mar

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Summary

Equinor began drilling for its offshore Raia natural gas project.
The Raia project is set to start production in 2028.
Brazil is Equinor's top investment country after Norway.

Equinor Drills Brazil Gas Wells, Eyes New Exploration

Norway's Equinor has initiated the drilling of producer and injector wells for its offshore Raia natural gas project in Brazil. This development marks a significant step for the project located in the Campos basin, with production anticipated to commence in 2028.

Veronica Coelho, Equinor's Brazil country manager, stated that the Raia project is on track and is projected to meet about 15% of Brazil's domestic gas demand. The substantial $9 billion Raia project is expected to yield 16 million cubic meters of gas and 126,000 barrels of oil and condensate daily.

Equinor's engagement in Brazil is expanding, particularly within the pre-salt region. Beyond the Raia project, the company is evaluating new exploratory wells for 2027 in the southern Santos basin, near a major discovery by BP.

Brazil represents Equinor's largest investment market outside of its home country, Norway, underscoring its strategic importance for the energy giant's global operations.

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