Unprecedented Agreement with 3R Petroleum Will Be for the Maintenance and Operation of Platforms P-61 and FPSO P-63 in the Papa-Terra Field, in the Campos Basin
The giants Altera Infrastructure and Ocyan formed a consortium (joint venture) to begin operating two important oil platforms in the Papa-Terra Project, located south of the Santos Basin in Brazil. The contract was signed with 3R Petroleum, one of the largest private oil companies in the country, and will generate various offshore and onshore job vacancies .
The contract covers the maintenance and operation of platforms P-61 and FPSO P-63 by the joint venture for a duration of 5 years, which can be extended for another 5 if necessary. It is a historic agreement, as it is the first time the companies will assume the operation of another company’s assets without ownership. Understand better this negotiation in today’s article.
Understand a Little More About the Routine on a Conventional Oil Platform in the Video Below
Contract Between Companies Provides for the Creation of 250 New Offshore and Onshore Jobs in the Oil Sector in the Coming Years
This unprecedented contract is not only beneficial for the companies, which aim to broaden their horizons, but also for the Brazilian population. After all, with this new operation, around 250 new offshore and onshore job vacancies will be opened.
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The hiring process is expected to begin soon, following the final formalization of the contract between the oil companies. It’s a significant boost for Brazil’s economy and for the increase of offshore jobs within national territory.
3R Petroleum Has Interest in the Papa-Terra Field Negotiated with Petrobras and Granted by BC-20 in 2021
3R Petroleum’s interest in the Papa-Terra field was negotiated and granted by Petrobras through BC-20 in 2021. The investment was US$ 105.6 million and the company celebrated this new phase. The field is located in a water depth of 1,200 meters.
“By strategically reallocating our investments, we create opportunities for diversification in the oil and gas industry with new investors and bring positive results for companies, the industry, and above all, society.”
Fernando Borges, Director of Exploration & Production at Petrobras in a statement after negotiations (2021)
The areas granted to 3R Petroleum began operations in 2013 through two platforms — P-61 and P-63 FPSO, where all production is processed and generated offshore jobs. In total, 3R Petroleum is responsible for 62.5% of the Papa-Terra field. Petrobras estimates that the total production of the field will reach 1.98 billion barrels of oil equivalent, that is, oil and gas combined.
“The emergence and strengthening of other players fosters the development of the oil and gas industry, as well as stimulating regional and national economies through various channels: taxes, investments, job and income generation, as well as the warming and consolidation of the supply chain.”
Ricardo Savini, CEO of 3R Petroleum at the time of negotiations in 2021
FPSO P-63 Platform Has Capacity to Produce 140 Thousand Barrels of Oil Per Day and Millions of Cubic Meters of Natural Gas
Over the years of operation since 2013, Petrobras found that the FPSO P-63 platform has a high daily production capacity, reaching 140 thousand barrels per day and 1 million cubic meters of natural gas, generating many offshore jobs. In addition, the platform is capable of injecting 340 thousand barrels of water per day.
Oil Platform P-61 Is Unique, Being the Only Tension Leg Wellhead Platform (TLWP) – Floating Semi-Fixed in Brazil with Offshore Jobs
The P-61 platform also stands out because it is the only semi-fixed floating type in Brazil and began production in 2015. Due to the wells with dry completion, the valves are on the platform and require higher technology.
Thus, both oil platforms attract interest for operation from both companies and the population, due to the offshore and onshore job opportunities that will be offered.


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