Equinor ASA has resumed production in Peregrino field, Campos basin, Brazil. Production was suspended in April 2020. Since then, Equinor has executed a major program of maintenance, upgrades, and repairs on the floating production storage and offloading (FPSO) vessel, and has installed a new platform, Peregrino C.
Peregrino Phase I consists of the FPSO unit, supported by well head platforms Peregrino A and Peregrino B.
Peregrino II consists of wellhead platform Peregrino C and related infrastructure. The platform will extend the life of the field and add 250-300 million bbl. Equinor is preparing to start Peregrino Phase 2, with first oil expected third-quarter 2022.
Peregrino is the largest field operated by Equinor outside of Norway and the first of a series of major field developments in Brazil. Remaining reserves from Peregrino Phase I are estimated at 180 million bbl.
Equinor is operator at Peregrino (60%) with partner Sinochem (40%).