Petrobras receives OTC award for innovations in Campos Basin revitalization

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The Offshore Technology Conference (OTC) presented a Distinguished Achievement Award to Petrobras in the “Companies, Organizations, and Institutions” category. 

Petrobras garnered recognition for its innovations in revitalizing mature fields within the deepwater Campos Basin, particularly advancements in the Marlim field.

Jean Paul Prates, President of Petrobras accepted the accolade during a May 5 ceremony. He discussed Petrobras’ commitment to leveraging innovation and technology to enhance production, stating, “With the intense use of innovation and technology, we were able to increase production in the Campos Basin by 230,000 barrels per day.” 

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Prates credited Petrobras’ dedicated technical staff for the company’s success.

A pivotal component of Petrobras’ revitalization efforts is the Marlim Revitalization Program, which saw the deployment of two floating production, storage, and offloading units (FPSOs) last year – Anna Nery and Anita Garibaldi. Those units replaced nine outdated production platforms. Petrobras said it anticipates adding at least 115,000 barrels per day (b/d) to its output in the forthcoming years through these new installations.

The replacements have resulted in a 55% reduction in greenhouse gas emissions, the company said.

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According to Petrobras, the Campos Basin Revitalization Program is the world’s largest for the recovery of mature assets in deep water.

The company plans to add three more new FPSOs in the basin, over the Jubarte, Barracuda & Caratinga, and Albacora fields.

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