Petrobras Announced Last Night (November 24) The Start of Production Module Manufacturing for The P-78 Platform in Brazil at The Brasfels Shipyard in Angra dos Reis (RJ), Which Will Operate in The Largest Deepwater Asset in The World

The Platform Ship of Brazilian Oil Giant Petrobras Will Operate in Module 6 of Búzios, the Largest Deepwater Asset in the World!

Good news for Brazilian shipbuilding! The Brazilian oil giant Petrobras announced last night, in a relevant market fact, the start of manufacturing the production modules of platform P-78 in Brazil, at the Brasfels shipyard in Angra dos Reis (RJ).

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According to the state-owned company’s announcement, the modules are units responsible for processing oil, gas, and water, and together with the hull, utilities, and the flare, comprise the entire structure of such a floating platform. This phase of the construction foresees the simultaneous manufacturing of ten modules out of the 21 expected for the P-78, and it should be completed in about 20 months.

The Construction of the Remaining Modules, the Hull, and the Integration of Petrobras’ P-78 Platform Will Be Carried Out in China, South Korea, and Singapore

The construction of the remaining modules, the hull, and the integration will be carried out in China, South Korea, and Singapore. The project will be completed in compliance with the local content index required for the Búzios field in the Santos Basin, where the platform will be installed. The expectation is that the platform will be delivered in 2024, with production beginning in 2025.

“The P-78 is the first of Petrobras’ new generation of FPSOs, resulting from more than ten years of learning during the design, construction, startup, and operation cycles of production platforms in the pre-salt. The unit incorporates the best technical and engineering management solutions identified through the corporate program Reference Project, which culminated in the definition of a production unit model to be used in the pre-salt. For the reference FPSO, we focused on maximizing the economic value of production development projects while incorporating new low-carbon technologies, greater efficiency, and aligning the systems with the magnitude and complexity of the Búzios field wells,” said Petrobras’ Production Development Director, João Henrique Rittershaussen.

P-78 Platform Ship Will Have Daily Processing Capacity of 180,000 Barrels of Oil and 7.2 Million m³ of Gas

With a daily processing capacity of 180,000 barrels of oil and 7.2 million m³ of gas, the P-78 incorporates solutions that enhance energy efficiency, new CO2 separation and reinjection technologies, routine flaring reduction, among others. The project also foresees the interconnection of 13 wells to the FPSO, comprising 6 producers and 7 injectors, through a subsea infrastructure made up of rigid production and injection pipelines and flexible service lines.

The Búzios Field is a World-Class Asset and Should Reach the End of the Decade with Daily Production Exceeding 2 Million Barrels of Oil Equivalent Per Day

The Búzios field is a world-class asset, with substantial reserves, low risk, and low extraction cost. It is expected to reach the end of the decade with daily production exceeding 2 million barrels of oil equivalent per day, making it Petrobras’ most productive asset.

Currently, there are four units operating in Búzios, accounting for more than 30% of Petrobras’ total production. The fifth and sixth platforms planned for the field (FPSOs Almirante Barroso and Almirante Tamandaré) are under construction. The modules for the eighth unit (FPSO P-79) will start being manufactured in 2021, while the ninth unit (FPSO P-80) is in the contracting process.