RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2021-06-02 13:40:00

BRAZIL'S OIL INVESTMENT $8 BLN

BRAZIL'S OIL INVESTMENT $8 BLN

ENERDATA2 Jun 2021 - Equinor (40%, operator), ExxonMobil (40%), Petrogal Brasil (Galp Energia, 20%) and Présal Petróleo SA (government company, PSA manager) have taken the Final Investment Decision (FID) to develop Phase One of the Bacalhau field in the Brazilian pre-salt. The project, which will have a break even price below US$35/bbl, requires an investment of US$8bn. It will consist of 19 subsea wells tied back to a floating production, storage and offloading unit (FPSO) with a production capacity of 220,000 bbl/d and 2 mbl/d of storage capacity. First oil production is planned in 2024.

-----


Earlier:

BRAZIL'S OIL INVESTMENT $8 BLN
2021, March, 18, 12:00:00
BRAZIL OPENS GAS MARKET
Gas distribution and the operation of gas pipelines will switch from a concession regime to a regime of authorizations granted by the oil and gas regulator ANP.
All Publications »
Tags: BRAZIL, OIL, INVESTMENT