Technology keys Brazil’s drive to oil self-sufficiency

Current work to link the floating production storage and offloading (FPSO) P-50 vessel to 16 production wells at the Albacora Leste field in Campos basin symbolizes Brazil’s plans to reach oil self-sufficiency by mid-2006, according to Sergio Gabrielli, president of state-owned oil company Petroleo Brasileiro SA (Petrobras).The FPSO will process oil pumped from the field 150 km off Rio de Janeiro and reach peak production of 180,000 b/d by August, which represents around 10% of Brazil’s crude oil output, said Gabrielli in comments to OGJ. The P-50 will also be able to handle 6 million cu m/day of natural gas.Petrobras, which produces 97% of Brazil’s oil production, saw d...

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