Prysmian develops cables for implementation of phase II of exploration in the Equinor Peregrino field

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09/01/2019

Prysmian is involved in another ambitious project in the Peregrino field, located in the Campos Basin and operated mainly by  Equinor in partnership with Sinochem.

With investments of US $ 3.5 billion, the second phase of the exploration project consists of the installation and operation of a third fixed platform (WHP-C) in the field, joining the two WHPs and a platform ship (FPSO) already operating. The new structure is under construction and the expectation is that it will start producing by the end of 2020.

In order for all platforms to function and communicate, in addition to monitoring the temperature and pressure of the wells, they need a complex submarine cabling technology, a specialty dominated by Prysmian due to its expertise in projects developed in Brazil and worldwide.

Through the contact of EPCI signed between Equinor and TechnipFMC, Prysmian was chosen to meet the expansion of the project with its units of Santo André and Sorocaba (both SP) and Vila Velha (ES), whose production is exclusively dedicated to umbilical cables hydraulic and energy applications for deepwater oil exploration.

“With the experience and success obtained in the first phase, where we were able to help make exploration of the longest horizontal drilled well in the country, we are proud to be involved in the second phase, mobilizing our plant in Vila Velha to develop solutions for the project, “says Cristiana Scelza, Director of the SURF division of the Prysmian Group in Brazil.

Since the beginning of the operation, in April 2011, more than 170 million barrels have been produced. Peregrino is one of the ten largest fields in production in Brazil, according to data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP). It currently produces about 70,000 to 80,000 barrels of oil per day.

The second phase of the operation provides in the short term the generation of at least 240 direct jobs, if indirect jobs are considered. The expansion will also extend the field’s productive life to 2040 and add 273 million in recoverable reserves. At the end of the WHP-C implementation, the expectation is to have an additional production of 60 thousand bop/day.

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