1. Home
  2. / Oil and Gas
  3. / For The Second Phase of The Búzios Field, Petrobras President Informs That FPSOs With Production Capacity of Up to 225,000 Barrels Per Day Will Be Used
Reading time 2 min of reading

For The Second Phase of The Búzios Field, Petrobras President Informs That FPSOs With Production Capacity of Up to 225,000 Barrels Per Day Will Be Used

Written by Roberta Souza
Published on 16/07/2020 at 09:14
Pré-sal – Petrobras avança na exploração do maior campo do mundo, o campo de Búzios, na Bacia de Santos
O que se espera é que, até 2030, o campo de Búzios produza 2 milhões de barris de óleo por dia
Be the first to react!
React to this article

Roberto Castello Branco Reported on the New Project in Búzios and on Petrobras’ Divestment Program

That the Búzios field, in the Santos Basin, has been a key player in the Brazilian oil exploration market is already known. This week, the field set a production record. Today, once again, it is in the spotlight! The second phase of the asset is expected for 2024, according to Roberto Castello Branco, president of Petrobras.

See More News:

Castello Branco reported that for the second phase, floating production units with higher production capacity will be used, exceeding those used in the first phase of the field. In numbers, the platforms used in the first phase had a production capacity of 150,000 barrels of oil per day. For the second phase, production units with a capacity of up to 225,000 barrels per day will be installed.

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

The president of Petrobras also addressed another important issue: the company’s divestments. According to him, the sale of assets aims at “the benefit of the company’s shareholders and Brazil.” He also stated, through a comparison, that the financial returns of a refinery “tend to be normally lower than exploration and production.”

Regarding refinery sales, the scenario imposed by the coronavirus has interrupted the process of visits by potential buyers, but the divestment program remains active. The sale of Rlam, in Bahia, has entered its final phase and the other deals have been postponed.

Roberta Souza

Author for the Click Petróleo e Gás portal since 2019, responsible for publishing over 8,000 articles that have garnered millions of views, combining technical expertise, clarity, and engagement to inform and connect readers. A Petroleum Engineer with a postgraduate degree in Industrial Unit Commissioning, I also bring practical experience and background in the agribusiness sector, which broadens my perspective and versatility in producing specialized content. I develop content topics, disseminate job opportunities, and create advertising materials tailored for the industry audience. For content suggestions, job vacancy promotion, or advertising proposals, please contact via email: santizatagpc@gmail.com. We do not accept resumes

Share in apps