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Statoil acquires FPSO Maersk Peregrino


Published Jun 13, 2012
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Statoil acquires FPSO Maersk Peregrino

Statoil and its partner Sinochem have agreed to purchase the Peregrino FPSO from Maersk. The floating production, storage and offloading unit has been in use at the Statoil-operated Peregrino field in Brazil since production start-up in 2011.

The leading global FPSO contractor BW Offshore will take over operation of the FPSO after a transition period of about six months.

The Peregrino FPSO project was initiated in 2007 and the conversion from a very large crude carrier (VLCC) to a complex offshore oil production installation required more than 15 million labour hours and an investment in excess of USD 1 billion. At present the vessel is operating in the Campos Basin 85 km off Rio de Janeiro, Brazil. The unit has a storage capacity of 1.6 million barrels of oil, and produced well over 15 million barrels during its first year of operation.

Tags: Statoil




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