Equinor looks to supply gas in the Brazilian market

June 17, 2019

The development of Equinor’s natural gas exploration and production projects in Brazil should focus on supplying the internal energy market. The evaluation is by Thiago Penna, Manager of Strategy and New Business, who participated in the third edition of the O & G Regulation International Benchmark Forum, organized by IBP and OGE on 10 and 11 June.

The Norwegian company is studying to install an FPSO for gas and condensate production in the area of ​​the BM-C-33 exploratory block, which is the discovery of Pão de Açúcar, in deep waters of the Campos Basin. The company’s initial studies point to a production unit with a capacity to produce between 16 and 20 million m³ / day of natural gas, with 8 to 12 risers. The first gas could be produced, depending on other factors, starting in 2026.

Equinor estimates that it will produce between 300,000 and 500,000 barrels per day of oil and gas in Brazil by 2030. Currently, Equinor produces about 110,000 barrels per day in Brazil, through the operation of the Peregrino field, owner/operator of the asset, and Roncador’s 25% share, acquired from Petrobras in 2018 – Roncador produces around 200,000 barrels / day.

The company is also licensing two FPSO-type platforms to produce oil and gas in Carcará, in the Santos Basin pre-salt. The first production facility, with capacity for 220,000 barrels per day of oil and 15 million m3 / day of natural gas, will be the largest in the country and is expected to come on stream in July 2024.

The second platform, which may represent a second phase of development of Carcará, is still under study by the consortium led by Equinor.

Source: epbr

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