(Energy Analytics Institute, 16.Oct.2020) — Rio de Janeiro-based Petróleo Brasileiro SA or Petrobras, announced it has postponed the Integrated Project of Parque das Baleias by around a year; thus, pushing the start of production into 2024 compared to 2023, as originally planned.
The Brazilian oil giant plans to preserve the “scope of the project that foresees the relocation of wells between platforms in operation in 2022,” the company announced 16 October 2020 in an official statement.
“With the postponement, Petrobras cancelled the platform charter bidding to meet the project and authorizing the start of a new bidding process,” the company said.
The floating, production, storage and offloading (FPSO) vessel for the Parque das Baleias project will have capacity to produce 100,000 barrels per day (b/d) of crude oil and 5 million cubic meters per day (MMcm/d) of natural gas, according to Petrobras data.
By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.