Development under way following record financing package for Barracuda-Caratinga fields

The P-34 floating production, storage, and offloading system was modified for Petroleo Brasileiro's pilot production project in Barracuda oil field in the deepwater Campos basin off Brazil. It has 34 turret lines and the most production risers of any FPSO. The FPSO was converted from the MV Presidente Prudente de Moraes oil tanker. The turret system moored the FPSO at a depth of 2,573 ft. Photo courtesy of Petrobras.Click here to enlarge imageWhen Brazil's Petroleo Brasileiro SA completed financing in June for $3.59 billion in international credit for developing oil and gas fields in the Campos basin off Brazil, it was the largest project financing package in the company's 4...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected