Equinor (NYSE: EQNR), ExxonMobil (NYSE: XOM), Petrogal Brasil, and PPSA have decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area. Equinor (NYSE: EQNR), ExxonMobil (NYSE: XOM), Petrogal Brasil, and Pré-sal Petróleo SA (PPSA) have decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area, Equinor revealed Tuesday. The investment is approximately $8 billion, Equinor noted, adding that the development plan for the project was approved by the Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP) back in March. ...