Equinor and Barra Energia (Barra) have completed their transaction announced on 4 July 2018, whereby Equinor has acquired Barra's 10% interest in the BM-S-8 block in Brazil's Santos basin for a total consideration of US$379 million.
Upon the completion of this transaction, Equinor, ExxonMobil and Galp have also completed the two further transactions previously announced on 4 July on terms equivalent to those for the Barra transaction.
As a result, Equinor’s and its partners’ interests across the two licences for the Carcará area are fully aligned.