The platform, currently in the final stages of construction at the Jurong Shipyard in Espírito Santo, is one of Petrobras’ ‘replicant’ designs, with a production capacity of 150,000 b/d.
It will be allocated to the Itapu field, for which Petrobras has full ownership of the production rights following the ANP’s transfer of rights surplus bid round last November. The move should allow first oil to be achieved within a year.
In addition, the consortium agreed to prepare a new development plan for the Tupi field (P-71’s original destination), which Petrobras will submit to the ANP in 2021, with a focus on improving the field’s recovery factor. To date, Tupi has produced more than 2 Bboe.
Following the switch, bidding for the charter of the platform that would have served Itapu will be cancelled.