 The intention of the MoU is to evaluate joint participation in future tenders for exploration areas and to increase upstream collaboration in producing fields in the Santos and Campos offshore basins.Statoil constructed the Leismer SAGD Facility in Alberta, Canada, and has operations on the Canadian East coast, offshore Newfoundland.In July 2017, Statoil announced that it had hit dry wells in a prospect in the Atlantic offshore Newfoundland.