Petrobras extends deadline for proposals for the new FPSO for the Albacora field in the Campos Basin

(PN) Petrobras has again extended the deadline for submitting proposals in the bidding process for contracting the new FPSO in the Albacora field. Now, the companies involved in the process will be able to file their bids until the 15th of September, as stated on the Petronect website. This is the second calendar postponement.

As a reminder, the Albacora field entered Petrobras’ divestment program. The asset aroused the interest of PetroRio (PRIO). The two companies even entered into negotiations, but there was no consensus on the final sale value of the asset. With the failure of talks with PRIO, Petrobras announced that it would remove Albacora from the divestment program. In addition, the state-owned company revealed that it would make new investments in the area.

The new vessel that Petrobras wants to hire for Albacora will be chartered for 27 years and will have the capacity to produce 120,000 barrels of oil per day and process 6 million cubic meters of gas per day. Petrobras’ idea is to replace the two units currently in operation in Albacora with the new platform, which will operate in a water depth of 670 meters. According to the notice, the new vessel will be connected to 29 wells, 18 of which are producers and another 11 for water injection. The field revitalization project includes the development of production in the Forno reservoir, in the pre-salt layer.

Albacora is about 110 km east of Cabo de São Tomé, on the north coast of the state of Rio de Janeiro. Currently, production in the field takes place using the P-25 SS (Semi Submersible) and P-31 FPSO platforms. The P-25 oil flow network consists of an oil pipeline that connects the P-25 to the P-31.

This is not the only revitalization project in the Campos Basin currently underway by Petrobras. The company is also revitalize production at the Marlim and Voador fields. The project provides for two new platforms: Anna Nery, which went into operation in May, and Anita Garibaldi, whose first oil is scheduled for the second half of this year. The new platforms are part of the Petrobras Renewal Plan in the Campos Basin, which has an expected investment of BRL 18 billion in the 2023-2027 Strategic Plan.

The Anita Garibaldi will produce oil from the post-salt reservoirs of Marlim and Voador and the pre-salt reservoir of Brava, will absorb the wells relocated from platforms undergoing decommissioning (P-18, P-19, P-20, P-33 and P-35). Anna Nery will absorb part of the production of platforms that are currently being decommissioned in the Marlim field (P-18, P-26, P-35 and P-37). With both in operation, the productive life of these fields will be extended for another 25 years.

Petrobras will also put into operation, in 2025, the FPSO Maria Quitéria, in the Parque das Baleias complex, in the Espírito Santo portion of the Campos Basin, with a capacity of 100,000 barrels per day. Also according to the latest version of Petrobras’ Strategic Plan, the company has the ambition to add a volume of 20 billion barrels of oil equivalent to its reserves by 2030, with 5 billion barrels of oil equivalent coming from assets operated in the Campos Basin.

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