Petrobras P-53 platform starts producing in Campos

Tuesday, December 2, 2008

Brazilian federal energy company Petrobras' (NYSE: PBR) P-53 platform has started operations in the Campos basin, the company said in a statement.

The platform is anchored in the Marlim Leste field at water depths of 1,080m, 120km off the coast of Rio de Janeiro. The unit will be interconnected to 21 wells: 13 oil and gas producers and eight water injectors.

The P-53 will be able to process 180,000b/d of oil and 6Mm3/d of natural gas. Production will be offloaded to shore by shuttle tankers with the assistance of the autonomous re-pumping platform (PRA-1) rig and the storage vessel Cidade de Macaé.

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Petrobras expects the platform to reach peak production in the first half of 2010, according to the statement.

Keppel Shipyard, SBM, Rolls-Royce, DRVA and QUIP have participated in the project. The platform's integration work took place in the Rio Grande shipyard, Rio Grande do Sul state.

Four more Petrobras production units are slated to go online in the next six months, including the Tupi pilot project in the Santos basin's pre-salt layer.