Petrobras Plans Revitalization of Tupi Field Aiming to Add More Value and Increase Asset Recovery

Written by Roberta Souza

Published on 31/10/2020 at 18:38

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With the Revitalization of the Tupi Field, Petrobras Aims to Open Opportunities for Drilling, Equipment, and Pipeline Sectors

Petrobras plans to revitalize the Tupi Field, even before the decline in production of the asset. According to the company’s management, this measure can add more value to the oil field and, obviously, will further increase oil recovery, making it the largest producer in deep waters today.

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The state-owned company has also managed to signal which areas may benefit from the revitalization project, such as drilling, underwater equipment, and pipelines.

Carlos Alberto Pereira Oliveira, director of exploration and production at Petrobras, stated that “What we perceive is that instead of waiting for the decline of the field to then make investments, we have the possibility of making investments even before that, always completing the idle capacity of existing platforms. This adds a lot of value.”

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Petrobras Plans Revitalization of Tupi Field Aiming to Add More Value and Increase Asset Recovery

With the Revitalization of the Tupi Field, Petrobras Aims to Open Opportunities for Drilling, Equipment, and Pipeline Sectors

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Petrobras Plans Revitalization of Tupi Field Aiming to Add More Value and Increase Asset Recovery

With the Revitalization of the Tupi Field, Petrobras Aims to Open Opportunities for Drilling, Equipment, and Pipeline Sectors

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China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

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