Fossil Energy – Production
On 15 October Equinor and its partners ExxonMobil Brasil, Petrogal Brasil (JV Galp|Sinopec) and Pré-sal Petróleo SA (PPSA) achieved start-up of production from the large Bacalhau field in Brazil.
With recoverable reserves exceeding 1 billion barrels of oil equivalent (boe), Bacalhau is the largest international offshore field ever developed by Equinor.
The safe start-up of Bacalhau marks a significant milestone for Equinor. Bacalhau exemplifies a new generation of projects that combine scale, cost-efficiency, and lower carbon intensity. With this development, we are extending the life of our oil and gas production and ensuring value creation for decades to come,” says Anders Opedal, President and CEO of Equinor.
Bacalhau is located in the pre-salt region of Brazil’s Santos Basin in ultra-deep water exceeding 2,000 metres. The field features one of the most modern Floating Production Storage and Offloading vessels (FPSO) in the world, measuring 370 metres in length and 64 metres in width, with a production capacity of 220,000 barrels of oil per day (bpd).
