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New Petrobras FPSO hits Santos basin

03rd January 2013

80,000 bopd FPSO Cidade de Itajaí arrives at the Santos basin

New Petrobras FPSO hits Santos basin
The unit has the capacity to produce 80,000 barrels of oil per day and will operate in a water depth of 270 metres

Petrobras’s FPSO Cidade de Itajaí on 29 December reached its definitive location in the Santos basin, the Brazilian oil giant announced in a press release on Tuesday.

The floating, production, storage and offloading unit will integrate the production system of the Baúna and Piracaba fields in the Santos basin. Chartered from the Odebrecht Oil and Gas (OOG) and Teekay Petrojarl consortium (OOG-TKP), the Cidade of Itajaí FPSO was christened in August in Singapore.

The unit has the capacity to produce 80,000 barrels of oil per day and will operate in a water depth of 270 metres. The vessel is also prepared to work in a water depth of up to 1,000 metres.

 “If for some reason the production in the fields of Baúna and Piracaba is reduced, the unit can easily be transferred to another site,” FPSO contract director in Brazil Rodrigo Lemos stated during the christening ceremony.

“Considering the latest information on the reserves in these fields and the nearby ones, it is estimated that the unit will remain in the region during the entire contract term, which is nine years, and renewable for six more.”

The Santos Basin is a 352,260 square kilometres offshore pre-salt basin located south-east of São Paulo. It is one of Brazil’s largest sedimentary basins and home to some of the country’s most significant discoveries in recent years, such as the Tupi and Jupiter fields.