Petróleo Brasileiro SA (Petrobras) has been awarded production sharing contracts (PSC) from Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) for Atapu and Sépia pre-salt oil fields near Búzios field in Santos basin, offshore Brazil, in water depths of about 2,000 m.
Atapu, within Block BM-S-11A, started production last year and achieved 160,000 b/d via floating, production, storage, and offloading unit (FPSO) Carioca about 200 km off the coast. A second FPSO is expected to increase overall oil production to around 350,000 b/d.
Sépia, in Block BM-S-24, started production this year with a first FPSO and has achieved a plateau of 180,000 b/d. A second FPSO is expected to increase production to about 350,000 b/d.
Petrobras is operator at Atapu and Sépia PSCs. It has 52.5% interest in Atapu with partners TotalEnergies SE (22.5%) and Royal Dutch Shell PLC (25%), and 30% interest in Sépia with partners QatarEnergy Co. (21%), TotalEnergies (28%), and Petronas Co. (21%).
