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Petroleira Perenco will invest billions in oil fields purchased from Petrobras, in the Campos Basin

Written by Flavia Marinho
Published 28/12/2020 às 15:05
oil - perenco - petrobras

In addition to the billionaire investment, Perenco wants to charter an FSO to store oil production for sale in the national or international market

Perenco intends to invest heavily in the oil fields purchased from Petrobras last year. Currently, the mature fields located in the Campos Basin are undergoing revitalization. The contribution of the oil company in the Pargo, Carapeba and Vermelho fields, in the shallow waters of the Campos Basin, would be around US$ 200 million

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Perenco's billionaire investment plan includes the operational recovery of the pipeline that drains oil from Carapeba to Pargo, extending oil production from the fields to between 15 barrels per day and 20 barrels per day. For this, the company has already requested the extension of the useful life of the fields until 2040 to the National Petroleum Agency (ANP).

In addition to recovering the pipeline, the company plans to charter a FSO (Floating storage and offloading) to store oil production and thus gain more momentum for sale to the national or international market.

The company has even been approached by one of the players negotiating the purchase of refineries from Petrobras. The production system of these fields is integrated and consists of seven platforms of the fixed jacket typePetroleira Perenco

About the assets that Petrobras sold to Perenco

In October last year, Petrobras sold its entire stake in the Pargo, Carapeba and Vermelho fields, located in shallow waters off the coast of the state of Rio de Janeiro, to Perenco.

After fulfilling all the precedent conditions, the operation was concluded with the payment of approximately US$ 324 million to Petrobras, already with the adjustments foreseen in the contract. This amount is added to the amount of US$ 74 million paid to Petrobras upon signing the sales contracts.

The Pargo field was discovered in 1975 and the Carapeba and Vermelho fields in 1982, with production starting in 1988. These concessions were granted to Petrobras in 1998 in the so-called Round Zero of bidding. The production system of these fields is integrated and consists of seven fixed jacket type platforms. With the closing of the transaction, Perenco becomes the operator of the fields.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact flaviacamil@gmail.com for suggestions, job openings or advertising on our website. Do not send your resume, we are not hiring!

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