Ministry of Mines and Energy classifies the project for the new FPSO in the Atlanta field as a priority

(PN) The Ministry of Mines and Energy gave the seal of “priority” to the project to implement the new FPSO in Enauta’s Atlanta field, located in the Santos Basin. As a reminder, the new platform will be used in the field’s definitive production system. The FPSO OSX-2 (renamed FPSO Atlanta), which will be used in the definitive production system, will have the capacity to produce 50,000 barrels of oil and process 140,000 barrels of water per day.

When classified as a priority, as defined by Decree No. 8,874, of 2016, a given project can issue the so-called incentivized debentures – created by Law No. 12,431/2011 with the objective of enabling the construction of a primary market for long-term financing as complementary source. Once the projects are approved as priority, the company responsible for the project can take steps to issue the debentures incentivized to finance the venture.

The approval of the Atlanta Definitive System as a priority project was published today in the Official Journal of the Union. The FPSO should start operating by June 2024. The Atlanta development project provides for the drilling of ten producing wells distributed in different stages.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Powered by

Up ↑