Project Profile
Value: US$1,000 million
Location: BM-C-7 block
Water Depth: 100m
Production: 300 to 600 recoverable million barrels
Start-up Year: 2016
The Peregrino field is located in the Campos Basin, offshore Brazil. The field was originally owned by Statoil and Anadarko. Statoil then bought 100% interest in the field in 2007. It lies at a water depth of 100m and is located in BM-C-7 block. The first phase of the development includes two drilling and wellhead platforms and a large floating production, storage and offload unit (FPSO). A total of 37 wells are planned, all of them using advanced horizontal well technology to maximise recovery. The field contains 300 to 600 recoverable million barrels of oil equivalents, with a significant yet-to-find potential. An exploration well is currently being drilled at Peregrino South to explore this potential. Following completion of this well, one additional well will be drilled in the area.
The field was discovered in 1994. Statoil acquired a 50% stake in the discovery in 2005, and the remaining 50% and its operatorship in 2008. The Peregrino development plan was approved by the Brazilian authorities in 2007. In May 2010 Statoil sold a 40% stake of the Peregrino field to the Sinochem Group. Statoil holds 60% ownership and the operatorship of the field and Sinochem the remaining 40%. The closing of the transaction is pending governmental approvals.
Operators:
Statoil: Operator with 60% interest
Sinochem: 40% interest
Contractors:
TechnipFMC: Engineering, Procurement, Construction and Installation contract.
Apply Leirvik: Hired to construct living quarters module for the Peregrino II platform.
Heerema Fabrication Group: Secured a procurement and construction contract for the Peregrino II jacket .
Advanced Production and Loading Inc (APL): Turret and mooring system
AGR Field Operations: Maintenance engineering
Aker Solutions: Mooring installation
BW Offshore: Submerged turret production system for FPSO
Deepwater Specialists Inc.: Commissioning services for the drilling and wellhead platforms
Dresser-Rand Company: Steam turbine generators
First Subsea Ltd.: Mooring connectors
FMC Technologies: Manufacture and installation of surface wellheads and surface production trees
Heerema: Installation of the platform
IKM Ocean Design: Carry out key studies for second phase development
J Ray McDermott: EPC - FPSO topside modules
Keppel FELS Ltd.: Conversion of FPSO Peregrino
Kiewit: Drilling platforms
Kongsberg Oil & Gas Technologies do Brasil Ltd: delivery of flexible Riser Integrity Management (RIM) services
Maersk FPSOs and South Atlantic Holding: FPSO FEED
Mustang Engineering: Engineering for drilling platforms and procurement services
RDS (KCA Deutag): FEED for a fixed drilling rig
Prysmian: Umbilicals contract
Sal Heavylift: Loading, transportation and transfer of offshore equipment
Seawell: Drilling management
Siem Consub: Charter of a platform support vessel
Sovcomflot: Charter for transport of crude for Statoil
Subsea 7: Pipelines EPCI
Wellstream: Flexible risers
William Jacob Management (WJM): Offshore drill rig commissioning support
Wood Group: Contract to provide four-year operations and maintenance for two wellhead platforms (Alpha and Bravo) and modification services for both units and the FPSO Peregrino. The contract’s scope includes offshore services and covers all production processes and equipment except drilling services and introduces a new operating model for the field, as for the first time the company is bundling all these services in one single contract in order to boost integration and simplify the contract management.
WorleyParsons: FEED contract
DOF ASA: Contract extension. DOF signed a two years contract plus two one-year options for the anchor handling vessel (AHTS) vessel Skandi Peregrino with Statoil and Norskan Offshore Ltda. The new contract will start after the current contract ends, on December 23, 2015, which means the vessel is firm until December 2017. The Skandi Peregrino has operated for Statoil in Brazil since its delivery in 2010. The vessel is owned by DOF Deepwater, a 50/50 joint venture owned by DOF ASA and Akastor SA.
WoodGroup Mustang: To provide detailed engineering and design, and procurement services to South Atlantic Holding (60% owned and operated by Statoil) for the development of the Peregrino field wellhead platform C. (June, 2016)