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Brazil Oil & Gas News from DIT

22 June 2017

The latest news from Brazil on oil & gas and marine highlights.

Karoon will issue a tender for the charter of a production platform to be installed in the Echidna discovery in the Santos Basin soon. The plan is to charter a unit with a capacity to produce about 40,000 b/d of oil and process 1 million m3/day of gas, with a capacity to store from 500,000 barrels to 900,000 barrels of oil. The announcement will contain only the functional specifications, allowing interested companies to propose different kinds of solutions for floating production systems. In this way, the project can be developed as an FPSO or semi-submersible with FSO, as is the case of the neighboring Tiro-Sidon project. So far, the oil company has not decided on the number of wells in the project. Two alternatives are being considered, one with three wells, two producers and an injector well, and another with five wells, of which three are producers and two are injectors.

The 14th ANP Bid Round on September 27, where 297 blocks will be offered at auction, will represent a good opportunity for seismic companies that operate in Brazil to pick up new business. Both onshore and offshore, these are blocks without much geological/geophysical data that will require extensive contracting in the exploratory phases if they are auctioned off.

Transpetro, Brazilian transport and logistics company, launched its ninth suezmax ship built by the South Atlantic Shipyard (Estaleiro Atlântico Sul – EAS). With a full length of 274 meters long, this ship has capacity to transport up to one million barrels of oil, representing an increase of approximately 150 tons of deadweight for loading capacity of the Brazilian company.

Heerema Fabrication Group has been awarded the Procurement & Construction contract of the Peregrino II Jacket by South Atlantic Holding B.V. on behalf of the Statoil Peregrino II project. The Peregrino field - discovered in 1994 - is a heavy oil field, situated in the South and South West section of the Campos Basin, approximately 85 kilometres of the coast of Rio de Janeiro, Brazil. Statoil is the operator of the Peregrino field, which is presently developed with two wellhead platforms and a floating production, storage and offloading unit (FPSO). A system of pipelines, risers and cables connects this FPSO and the two wellhead platforms. The Peregrino Phase II Field Development will add a third wellhead platform, as this area is not accessible by the existing two platforms. It contains an 8-legged jacket and a wellhead platform with a drilling unit (WHP-C) tied-back to the existing FPSO.

For more information on the Brazilian market, as well as export opportunities, click here to access Subsea UK's Global Business resource (for Subsea UK members only).