FSO pargo
Perenco’s floating storage and offloading unit, FSO Pargo departed Dubai and is on its way to Brazil. The vessel spent almost one and a half years in a yard, working to extend its life span as well as necessary adaptations to comply with Brazilian regulations and project specifics. The FSO is expected to be moored at Pargo field in Campos Basin by April, aiming to start operations in August 2023. The installation of the unit is part of a USD 400 million investment plan, targeting the enhancement of the field’s production throughout the concession. Ever since taking the operatorship of the Pargo cluster, which comprises the fields Pargo, Carapeba and Vermelho, Perenco’s asset’s production had already increased from 2.800 bpd to 12.000 bpd, with the expectation to increase it by A further 25% until the end of this year.
FID for lapa field
A Final Investment Decision for Lapa field was made by Total Energies earlier this week. The French oil major is the operator of the field with 45% interest. Shell and Repsol Sinopec are partners with 30% and 25% respectively. It has been decided that Lapa Southwest region will be developed by FPSO Lapa, currently located 12 Km away in the Northeast region of the field, with which three wells will be connected. Expectations are for an increased production of 25,000 bopd and first oil to be produced in 2025. Total investment for this project will be of USD 1 billion.
parque das conchas
After receiving non-binding proposals from Karoon, Enauta and PRIO for the sale of Parque das Conchas field in Campos basin, Shell decided to withdraw the sale of the asset. The field currently produces through FPSO Espirito Santo. In parallel, the company is reviewing the proposals received for the decommissioning of Bijupira and Salema fieldS, also located in Campos basin.
FPSO guanabara
Petrobras has announced that FPSO Guanabara has recently reached its full production capacity. Installed in Mero field, in the pre-salt of Santos basin, the unit produced 180,000 barrels of oil in one day 8 months after its operation has started. Mero field also counts with FPSO Pioneiro de Libra producing 50,000 bopd. Petrobras is the operator of the consortium with 38,6% interests, balance split between Shell, Total, CNODC, CNOOC and PPSA.
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