Libra Platform arrives in Brazil; First oil in TLD is planned for July

The FPSO Pioneiro de Libra that is expected to start producing oil in July on a Long Term Test (TLD) in one of the largest deposits in Brazil, arrived in the Brazilian territory on Wednesday night, OOGTK said.

The arrival of the FPSO, a type of ship used by the oil industry for production, storage of oil and / or natural gas and the disposal of the products, was expected earlier in late May but was anticipated in ten days, OOGTK said, A 50/50 joint venture formed by Odebrecht Oil and Gas (OOG) and Teekay Offshore.

The vessel will be operated by the consortium formed by Petrobras (operator with 40 percent), French Total (20 percent), Anglo-Dutch Shell (20 percent) and CNPC (10 percent) and CNOOC Limited (10 percent).

“The trip began with the departure from the Jurong shipyard in Singapore, where the FPSO was built. Rigorous planning and weather conditions allowed the journey to go smoothly, even in more sensitive stretches …” said OOGTK.

Since the December launching of the vessel, it has undergone commissioning and sea tests. More than 1,000 activities were carried out prior to boarding, including tilt test and propulsion system.

The unit could operate in water depths of up to 2,400 meters and will have a production capacity of 50,000 barrels of oil per day and of compression and reinjection of four million cubic meters of gas / day, according to OOGTK.

The TLD should collaborate with Petrobras’ production this year.

The start-up of the FPSO should also help to balance the cash flow of the OOG, of the Odebrecht group, whose finances have been affected by the developments in Operation Lava Jato.



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