FPSO operators announce first oil from Iara licence
Published by Tom Mostyn,
Editorial Assistant
Hydrocarbon Engineering,
Total has announced first oil from the Iara licence (Block BM-S-11A), located in the deepwater Santos Basin pre-salt. This marks the start-up of the FPSO P-68, the first of the two floating production, storage and offloading units (FPSOs) already launched and to be installed on the licence. The second, the P-70, is expected to come on stream in 2020. Each unit has a capacity of 150 000 bpd of oil.
“First oil from Iara is a new milestone for Total in Brazil. It increases our share of production from the highly prolific pre-salt area, adding to current output from the Total-operated Lapa field, and the extended well tests under way on the Mero field,” said Arnaud Breuillac, President Exploration & Production at Total.
The Iara license comprises the Sururu, Berbigão and Oeste de Atapu fields.
Total acquired a working interest of 22.5% in Block BM-S-11A on 12 January 2018 as part of the strategic alliance with Petrobras, becoming a partner alongside operator Petrobras (42.5%), Shell Brasil Petróleo Ltda. (25%) and Petrogal Brasil S.A. (10%).
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/15112019/fpso-operators-announce-first-oil-from-iara-licence/
You might also like
Hydrocarbon Engineering Podcast
Susan Bell, Senior Vice President within Commodity Markets – Oil, Rystad Energy, discusses the impact of trade wars on global oil demand and oil prices, in light of President Trump’s ‘Liberation Day’ tariffs.
VERSO ENERGY and GROUPE ADP partner to develop SAF
VERSO ENERGY and GROUPE ADP have signed a strategic partnership to develop the SAF sector on French, European, and international airport platforms.
