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STATOIL

STATOIL

FAPESP and the Statoil Brasil Óleo e Gás Ltda. signed an agreement to establish the conditions for selection and funding of scientific and technological research involving collaboration between scientists working in public or private research or teaching institutions in the State of São Paulo, Brazil, and/or scientists from Statoil.

The themes of interest of FAPESP and Statoil to be addressed in call for research proposals under this agreement are artificial lift, reservoir monitoring, enhance oil recovery (EOR), reservoir management and subsea systems.

The financial support for the research selected under this agreement will encompass a maximum of R$ 2.500.000,00 (two million and five hundred thousand reais) per year from FAPESP and R$ 2.500.000,00 (two million and five hundred thousand reais) per year from Statoil.

The agreement was signed on September 1, 2016, and shall remain in force for ten years.

Cooperation Agreement