Petrobras Reports Start of Production at Sepetiba FPSO in Brazil's Santos Basin
(Reuters) — Brazilian state-run oil company Petrobras' Sepetiba floating production storage and offloading (FPSO) unit started production on Sunday, the oil giant said in a securities filing.
Sepetiba, which has been chartered from SBM and installed at the Mero oilfield in the pre-salt of the Santos Basin, has the capacity to produce 180,000 barrels of oil per day (bpd) and a daily 12 million cubic meters of gas, Petrobras said.
Sepetiba is the third production unit installed by the company at the Mero oilfield, where it still plans to add two other units. Mero's current output totals around 230,000 bpd, according to the Brazilian firm.
Petrobras operates and holds a 38.6% stake in the Mero oilfield. The remaining stakeholders are Shell, TotalEnergies, China's CNPC, CNOOC and PPSA.
Related News
Related News
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
- Editor’s Notebook: Fire Fuels Pipeline Concerns
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
Comments