The Brazilian Institute of the Environment (Ibama) granted Petrobras the first renewal of the seismic survey license for the Itapu field, in the pre-salt layer of the Santos Basin. The license will last for 1 year and two months, authorizing the oil company to carry out the activity within the authorized polygon, with the seismic source vessel M/V Artemis Odyssey and the vessel for the installation of NODES Subsea Viking.
In June, the environmental agency also granted the installation license for the P-71 platform, which will be installed in the Itapu field. The unit is part of the replicating platform family and will have a production capacity of 150,000 barrels per day.
Itapu is an assignment of rights field, 100% owned by Petrobras. In 2019, the state-owned company alone bought the surplus from the transfer of rights in the area, which operates under the sharing system. In July, Petrobras and PPSA signed the Co-participation Agreement for the Itapu field, which will regulate the coexistence of two contracts: the Assignment Agreement and the Production Sharing Agreement for the Surplus of the Transfer of Rights Assignment for the field. The total recoverable volume of Itapu could reach 669 million barrels of oil equivalent.