Equinor and its partners have approved the phase 1 development of the Bacalhau oil field in the Santos Basin, offshore Brazil with an investment of around $8 billion. The Bacalhau field spans across the BM-S-8 and the Norte de Carcará licenses. First oil from the offshore Brazilian oil field is targeted for 2024. Equinor is […]
MODEC has bagged a contract to deliver a floating production storage and offloading vessel (FPSO vessel) from Equinor Brasil Energia for the Bacalhau oil field (formerly Carcará oil field) in Brazilian waters. The Japanese offshore floating platform provider has signed a sales and purchase agreement (SPA) in this regard with the Equinor subsidiary. In December […]
Petróleo Brasileiro (Petrobras) and its partners Royal Dutch Shell, Total and Petrogal Brasil have started oil and gas production start at the P-68 floating production, storage, and offloading unit (P-68 FPSO) from the Berbigão field at the BM-S-11-A concession (lara license) in the Brazilian pre-salt Santos Basin. The P-68 FPSO is the fourth platform to […]