Project Profile
Value: US$500 million
Location: Campos basin, Brazil
FPSO capacity: 150,000 barrels of crude oil per day, 176 million standard cubic feet of gas per day, 200,000 barrels of water injection per day and has storage capacity of about 1,600,000 barrels of crude oil
Reserves: 280 million
Water Depth: 976m
Start-up Year: 4Q 2017
The project will see the exploration then development of an offshore field located in the Campos basin. The preliminary analysis indicate not only the estimation of recoverable volumes around 280 million barrels of light oil (28 degrees API), but also good productivity. Block BM-C-36 was acquired in ANP\'s seventh round. The FPSO will be capable of processing 150,000 barrels of crude oil per day, 176 million standard cubic feet of gas per day, 200,000 barrels of water injection per day and has storage capacity of about 1,600,000 barrels of crude oil. The FPSO delivery is scheduled in the third quarter of 2017.
Operators:
Petrobras: Operator with 50% interest
Karoon Gas Australia: 50% interest
Contractors:
Teekay Petrojarl ASA: Charter contract
Aibel: Revamp of Rio das Ostras FPSO
Modec and Schahin Group: Contract for supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM‐C‐36 block (Tartaruga Verde and Tartaruga Mestica fields). The FPSO will be deployed at Tartaruga Verde and Tartaruga Mestica fields. Modec and Schahin Group are responsible for the engineering, procurement, construction, mobilization, installation and operation of the FPSO, including topsides processing equipment as well as hull and marine systems.
SOFEC, Inc. (a subsidiary of MODEC): Contract to design and supply the spread mooring system.