Brazil is a key area for the company's long-term growth. We have a solid and diversified portfolio of oil and natural gas in the country, where we are also expanding investments in renewable energy.
We are committed to contributing to a fair and inclusive energy transition that brings long-term social and economic benefits. By 2030, we will have invested 25 billion dollars and created more than 100,000 direct and indirect jobs with our portfolio in Brazil.
Rio de Janeiro
Rua do Russel 804, Glória
Rio de Janeiro, RJ
Postal code: 22.210-010
Brazil
Telephone: +55 (21) 3479-9800
Fale conosco- equinor.com.br
We are committed to creating long-term value in a low-carbon future
We have a diversified oil and gas portfolio in Brazil, encompassing three producing fields currently: we operate Bacalhau, the largest offshore field outside Norway, and we are strategic partners of Petrobras in the Roncador field and of PRIO in the Peregrino field. In addition, we are developing Raia, which could represent 15% of Brazil's total gas demand when it starts operating, scheduled for 2028.
Our projects generate local value for the country, enabling long-term social and economic benefits. We invest in technologies and solutions focused on safety, operational efficiency, and carbon emission reduction, in line with our ambition to become a company with net-zero emissions by 2050.
Learn more about our oil and gas portfolio in Brazil:
Brazil: natural resources transformed into energy
We see Brazil as a key market for renewable energy, with characteristics that allow us to diversify our investments in energy sources on the path to the energy transition. It is a country where we can put our purpose into practice: energy for people, progress for society, searching for better.
We are building a portfolio of onshore renewable energy in Brazil, with solar and wind energy already in production, and exploring future possibilities for offshore wind energy projects along the Brazilian coast.
Both Equinor's first solar energy project and our first hybrid complex, with solar and wind energy generation in the same area, are in Brazil: the Apodi Solar Complex, in the state of Ceará, and Serra da Babilônia, in the state of Bahia. Additionally, our portfolio in Brazil also includes the Mendubim solar complex, in operation in the state of Rio Grande do Norte.
In 2023, we acquired Rio Energy, a Brazilian renewable energy company that is now our growth platform in the onshore renewable energy sector in Brazil. The acquisition included the Serra da Babilônia 1 wind complex, as well as a 1.5 GW pipeline of solar and onshore wind project opportunities.
Generating energy to meet society's demands
We believe that onshore renewable energy is essential for our development as an energy producer. This means creating energy solutions that meet the needs of customers and the market. A central element in this approach is the commercialization of energy through our trading company, Danske Commodities, which has a trading office in São Paulo to support our activities in Brazil.
Learn more about our renewable energy portfolio in Brazil:
Ceará, operated by Scatec (43.5%), in partnership with Equinor (43.5%) and ApodiPar (13%).
Apodi is the first solar complex in Equinor's global portfolio and began production in 2018. Apodi has a capacity of 162 MW, providing energy capable of powering 200,000 Brazilian homes.
Rio Grande do Norte, operated by Scatec (30%), in partnership with Equinor (30%), Hydro Rein (30%), and Alunorte (10%).
The Mendubim solar complex, with a capacity of 531 MW, started operations in 2024. Mendubim will produce 1.2 TWh of energy annually, equivalent to the consumption of 620,000 Brazilian homes.
About 60% of the production is commercialized through a 20-year power purchase agreement (PPA), in US dollars, with Alunorte, one of the leading companies in alumina supply to the global aluminum industry. The remaining production is sold in the Brazilian energy market through our trading company, Danske Commodities.
Bahia, operated by Rio Energy, our platform for growth in onshore renewable energy in Brazil.
Serra da Babilônia 1 wind complex, with a capacity of 223 MW, consists of 95 wind turbines. The 140 MW Serra da Babilônia Solar complex features 228 thousand solar panels in the same area where the wind turbines are located.
Serra da Babilônia complex is Equinor's first hybrid project in the world, a model that allows for complementary wind and solar energy production at a shared location. This is also the first hybrid project for Rio Energy and one of the pioneers in Brazil.
Serra da Babilônia complex uses the existing interconnection system and does not require additional capacity from the grid. It injects energy into the grid when the wind projects are not using their full capacity, optimizing total energy production.
Creating local value where we operate is part of our strategy. We believe that we can bring a range of positive benefits to the societies where we operate, always searching for better.
Increasing Brazilians' access to cultural initiatives is in line with Equinor's objectives to create local value for the country. The company believes that, through education, sports and culture, it creates lasting local value and helps develop a better-empowered society for generations to come.
Currently, in Brazil, we sponsor the FIRST LEGO League, MAR – Rio de Janeiro Art Museum, Galpão Aplauso social project, The Republic Museum, Urece goalball institute and Pinacoteca museum.
Since 2017, Equinor has been investing in institutions and social projects focused on education for young people in Brazil, such as Dream Lean Work and Trilha Empreendedora. In 2024, the company had also launched a long-term educational program in Rio de Janeiro, called Bem-te-vi. Through a partnership with the Rio de Janeiro State Government, Equinor is committed to using education as a tool to provide people from a local community in the city of Rio de Janeiro with better opportunities.
In Brazil, Equinor has been building a diversified portfolio in Research, Development, and Innovation. We have about 40 ongoing R&D projects in the country, focusing on oil technologies as well as renewable energy and low-carbon solutions.
The company has committed to approximately R$ 740 million in investments to external partners for the development of R&D projects in Brazil.
