Campos Basin
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BW Offshore plans to float its exploration and production unit BW Energy through an initial public offering in the first quarter of 2020.
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The BigRoll Bering was spotted leaving Corpus Christi, Texas, on 17 November, headed for the Peregrino heavy-oil field offshore Brazil. Drilling modules and a flare boom are being transported for the field’s Phase 2 development.
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The round included a near-$1 billion signature bonus on a Campos Basin block awarded to a Total-led consortium.
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UK operator Trident Energy is entering Brazil while Australian firm Karoon Energy is expanding its position in the country. Both will try to boost output from already-producing assets.
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One of the company’s pipelay and construction vessels will install rigid and flexible pipelines for Equinor’s Peregrino Phase 2 project, adding an estimated 273 million bbl of recoverable oil to the field.
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This paper presents a retrospective of the most-significant technologies developed and deployed in the Campos Basin for more than 80 production systems in more than 30 oil- and gas-field developments.
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The paper provides a fast-track approach to perform screening assessment of multiple subsea concepts.
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To increase the oil recovery in the Albacora field, significant water injection is required that was not considered in the initial project-development phases.
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