Phase II of Equinor's Peregrino field development includes maintenance and restoration of its floating production storage and offloading vessel and the installation of a third platform, Peregrino C. (Source: Einar Aslaksen / Equinor ASA)
Equinor resumed production in the Brazilian Peregrino field on July 16 after coming to a halt in April 2020, a company press release announced on July 19.
Since the operation's shutdown, Equinor has implemented upgrades, maintenance and repairs to its floating production storage and offloading (FPSO) vessel.
Additionally, the company installed the new Peregrino C platform, which is expecting its first oil in third quarter 2022 and is part of the Peregrino Phase II project, aimed at extending the lifetime and value of the field while adding 250 MMbbl-300 MMbbl of oil.
The company aims to ramp production back up while reducing emissions intensity through the second phase of the project, according to the release.
“Our top priority is the safety of our people and our operations," Equinor country manager of Brazil Veronica Coelho commented in the release. "The investments in technology, new equipment and maintenance have allowed us to safely resume production at Peregrino and to prepare for the start-up of the new Peregrino Phase II project.”
Peregrino Phase I contains an estimated remaining reserves of 180 MMbbl and consists of an FPSO unit supported by the Peregrino A and Peregrino B wellhead platforms.
The Phase II project will lower absolute CO2 emissions in the field by 100,000 tonnes per year through the deployment of digital solutions and pas-powered turbines, which will optimize energy consumption and reduce diesel consumption in alignment with Equinor's low carbon strategy.
Located in the Campos Basin, the Peregrino field is Equinor's largest operated field outside of Norway. It went into production in 2011, with operator Equinor holding 60% and partner Sinochem holding 40%. For Equinor, the field represents the first in a series of field developments in Brazil.
“I am proud of how hard our teams have worked throughout the Covid pandemic in order to bring the Peregrino field back on stream and upgrade the facilities," Coelho added. "More than 1,200 people have been working together offshore over the last months.”
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