BG Group has started production from its sixth floating, production, storage and offloading (FPSO) vessel, Cidade de Itaguaí, in the Santos Basin, offshore Brazil.

FPSO

The FPSO will produce oil from the Iracema North area of the Lula field in the BM-S-11 block, which is operated by Petróleo Brasileiro.

The company said that Cidade de Itaguaí is the second leased FPSO deployed on the Iracema development.

The produced gas will be exported through subsea gas pipeline to shore.

Moored at approximately 2,220m above the ocean floor, the Cidade de Itaguaí FPSO is connected to eight production wells and nine injection wells.

Designed to store 1.6 million barrels of oil and inject 264,000 barrels of water a day, the vessel can process 150,000 barrels per day.

With the new, the Iracema will be able to double the gross production to 300,000 barrels of oil per day and 16 million cubic meters of natural gas a day, BG said.

Petróleo Brasileiro owns 65% stake in the Block BM-S-11, which hosts Iracema Norte area. BG Group and Petrogal Brasil own 25% and 10% of the block.


Image: Cidade de Itaguaí FPSO vessel. Photo: courtesy of BG Group.