Lula consortium starts up FPSO in Brazil
Brazil The P-67 FPSO has a daily production capacity of 150,000 barrels of oil and 6 mcm (212 mcf) of gas, and will be tied to nine production wells and six water injection wells in the north of the field.
“The Lula field, which includes the Lula and Cernambi reservoirs, is the country’s biggest producer and should reach the mark of 1 million barrels of daily production in 2019, less than a decade after commercial production started in October 2010,” the NOC said in a statement cited by S&P Global Platts.
Petrobras operates the field with a 65% stake, while partners Shell and Petrogal hold 25% and 10%, respectively.
Recent Posts
UK allows oil exploration in North Sea wind project zones
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil closes acquisition of Pioneer, creating Permian powerhouse
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy enters Namibia’s Orange Basin
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Chariot starts gas drilling campaign in Morocco
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone acquires Trinidad E&P player Trinity
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More