Brazil’s Petrobras Orders 10 Floating Platforms for New Oil Findings

Petrobras's FPSO Brazil's state-controlled oil and gas multinational Petrobras announced Monday, September 15, that its board of executives has approved the placing of an order for 10 new floating production, storage and offloading (FPSO) vessels. The ships will be used for extracting oil from the pre-salt layer at the Santos Basin.

According to the company, the first two platforms will be rented from third party companies, and will be destined to pilot projects for development in the region. Production capacity in each platform will be 100,000 barrels of oil and 5 million cubic meters of natural gas per day, according to Petrobras. They will be installed in 2013 and 2014.

The other platforms will be owned by Petrobras itself, will have production capacity of 120,000 barrels of oil and 5 million cubic meters of natural gas a day, and will be installed in 2015 and 2016.

According to the company, the units will be manufactured in series, starting with construction of the hulls at the dry dock at Estaleiro Rio Grande shipyard, in the state of Rio Grande do Sul. They are going to operate in ultra deep waters.

Anba

Tags:

You May Also Like

TV Brazil: International TV with a Brazilian Slant

The experience of TV Brazil, a pilot station set up at the V World ...

A Lesson of Brazil with Professor Lula

Brazilian President Luiz Inácio Lula da Silva in his State of the Union address ...

Economists Lower for Eighth Time in a Row Brazil GDP’s Forecast to Less than 1%

Brazilian financial organizations analysts revised down for the eighth week in a row the ...

Brazil Hopeful Global Crisis Will Strengthen the Country’s Beef Industry

Saudi Arabia, Algeria, Egypt and Libya once again stand out among the ten main ...

Brazil’s Lula Denounces Farm Subsidies and Trade Barriers at UN

Talking in New York in front of over 100 leaders from all over the ...

Mysterious Disease Leads to Quarantine and Slaughter of 17,000 Chickens in Brazil

The recent outbreak of bird flu in Asia has brought new customers from all ...

Brazil Central Bank Expecting Bad News on Inflation Front

The Monetary Policy Committee (Copom) of Brazil’s Central Bank (BC) is less optimistic than ...

US Wants Less Red Tape in Brazil

The president of the American Chamber of Commerce of Rio de Janeiro, Joel Korn, ...

Brazil Accuses EU of Moving Backwards on WTO Agreement

In a press conference Tuesday, January 24, Brazil’s Minister of Foreign Relations, Celso Amorim, ...

Brazil’s Lula Praises Obama and Asks Latin America to Be More Self-Reliant

Brazilian president Luiz Inácio Lula da Silva said, at the end of the Summit ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`