Contract let for third Peregrino platform

South Atlantic Holding, a joint venture of Statoil SA and Sinochem, is proceeding with the second phase of development of Peregrino heavy oil field offshore Brazil.

Statoil Peregrino platform
Statoil Peregrino platform

South Atlantic Holding, a joint venture of Statoil ASA and Sinochem, is proceeding with the second phase of development of Peregrino heavy oil field offshore Brazil (OGJ Online, Feb. 27, 2015).

Working for Kiewit Offshore Services, Wood Group Mustang will provide detailed engineering and design as well as procurement services for Wellhead Platform C, which Statoil estimates will access 250 million boe of reserves.

Wood Group Mustang completed front-end engineering and design for Platform C last year and designed wellhead platforms A and B in the first phase of development.

Statoil Peregrino platformStatoil Peregrino platform

The field is in about 100 m of water 85 km offshore in the Campos basin. Production began in April 2011 and reached its plateau rate of 100,000 b/d in 2013. The 13° gravity, 1.89 wt % sulfur crude flows into a floating production, storage, and offload vessel.

Statoil is operator with 60% interest. Sinochem holds the remainder.

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