Petrobras seeks new Parque das Baleias FPSO bids, delays first oil

Petróleo Brasileiro SA (Petrobras) has postponed the Campos basin Parque das Baleias integrated project by about 1 year and cancelled the FPSO charter bidding, granting the start of a new bidding process.

The operator, citing the economic context of COVID-19 in its decision, now expects first oil from the project in 2024.

Four FPSOs connected to 44 producing wells and 21 injectors are currently operating in the field cluster of Jubarte, Baleia Anã, Cachalote, Caxaréu, and Pirambú. In May, aggregate production from the area offshore Brazil reached 1 billion bbl.

In 2019, Petrobras invited tenders as part of a plan to install a fifth FPSO to be connected to 19 wells.