Petrobras adds 80,000 bpd to Campos basin output

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Brazilian company Petrobras has initiated production from the Anita Garibaldi floating production, storage and offloading (FPSO) vessel in the Campos Basin, offshore Brazil.

The FPSO is poised to operate concurrently in the post-salt and pre-salt regions of the Marlim and Voador fields, Petrobras said in an announcement on August 16. The vessel can produce 80,000 barrels of oil per day (bpd) and process up to seven million cubic metres of gas per day. This addition to Petrobras’ assets forms a key component of the Campos Basin Renewal Plan, a program heralded as “the largest mature asset recovery program in the world industry.”

Petrobras Chief Executive Officer (CEO) Jean Paul Prates elaborated on the strategic importance of this milestone, stating, “The Anita Garibaldi and Anna Nery platforms, which also started operating in 2023, will be key to increasing the longevity of the Campos Basin and expanding its production. In parallel, they are equipped with state-of-the-art technologies to reduce greenhouse gas emissions, combining efficiency and decarbonisation.”

Petrobras adding more FPSOs despite rising costs | OilNOW

The FPSO Anita Garibaldi, a product of MODEC’s expertise, will collaborate in tandem with the Anna Nery FPSO to harness the resources of the Marlim and Voador fields. Collectively, the platforms exhibit a production capacity of up to 150,000 barrels of oil per day (bpd) and have the capacity to process up to 11 million cubic metres of gas. 

Beyond their operational capabilities, these new platforms hold the potential to significantly curtail greenhouse gas emissions. Petrobras projects a reduction of more than 50% in CO2 emissions by streamlining operations and decreasing the number of platforms active in the two fields.

The Marlim and Voador revitalisation project, coupled with supplementary development initiatives and the rejuvenation of other fields, assumes a crucial role in augmenting the production capabilities of the Campos Basin. The expected outcome is an elevation in daily production from the current 565,000 barrels of oil equivalent per day (boed) to an anticipated 920,000 boed by the year 2027.

Petrobras plans to place 18 FPSOs offshore Brazil in the next five years, according to its 2023-2027 Strategic Plan. Petrobras also plans to drill 42 wells in the period 2023-2027, to add to its reserves, among the largest in the world.

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