For the second phase of the Búzios field, the president of Petrobras informs that FPSOs with a production capacity of up to 225 thousand barrels per day will be used

Roberto Castello Branco reported on the new project in Búzios and on the Petrobras divestment program

That the Búzios field, in the Santos Basin, has been a protagonist in the Brazilian oil exploration market, everyone already knows. That week, the field broke a production record. Today, once again, he is featured! The second phase of the asset is expected for 2024, according to Roberto Castello Branco, president of Petrobras.

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Castello Branco informed that, for the second phase, platform vessels with greater production capacity will be used, surpassing those used in the first phase of the field. In numbers, the platforms used in the first phase had a production capacity of 150 barrels of oil per day. For the second phase, production units will be installed with a capacity of up to 225 barrels per day.

“We are working on the production development project [of phase 2]. We hope to start it in 2024”, said the president. “It's a larger prospect than Phase 1, with a more substantial volume of reserves. It will require the use of more platforms, with greater capacity”, informed Castello Branco.

TECHNOLOGY AND SMARTPHONES – FREE MARKET

The president of Petrobras also dealt with another important subject: the divestments of the oil company. According to him, the sale of assets is aimed at “the benefit of the company's shareholders and Brazil's”. He also informed, by way of comparison, that the financial earnings of a refinery “tends to be normally lower than exploration and production”.

Regarding refinery sales, the scenario imposed by the coronavirus ended up interrupting the process of visits by potential buyers, but the divestment program is still alive. The sale of Rlam, in Bahia, has entered the final stage and the other deals have been postponed.