Teekay Offshore Partners Announces First Oil and Contract Start-up for the Libra FPSO

Nov. 30, 2017

Teekay Offshore Partners L.P. (NYSE:TOO) (Teekay Offshore or the Partnership) announced today that its jointly owned floating production storage and offloading (FPSO) unit, the FPSO Pioneiro de Libra (Libra), has successfully achieved first oil and commenced its 12-year charter contract with a group of international oil companies, including Petrobras, Total, Shell, CNPC and CNOOC Limited, on the Libra oil field where it will perform early well tests. The Libra FPSO unit is the first unit to produce oil on the giant Libra block, which covers more than 1,500 square kilometers in the Santos Basin.

The Libra FPSO is owned and operated by Teekay Offshore and Odebrecht Oil and Gas (OOG) through a 50/50 joint venture. The FPSO unit, which was converted from one of the Partnership’s shuttle tankers at Sembcorp Marine’s Jurong shipyard in Singapore, is designed to operate at water depths of up to 2,400 meters, with a production capacity of 50,000 barrels of oil per day and daily compression capacity of four million cubic meters of gas.

“Today marks another significant milestone for Teekay Offshore and its growing presence in the Brazilian market,” commented Ingvild Sæther, President and CEO of Teekay Offshore Group Ltd. “This successful Libra FPSO conversion project demonstrates that we can confidently deliver highly complex FPSO solutions for Brazil’s massive pre-salt play and is expected to provide significant future cash flow growth to the Partnership.”

Comments

Post a Comment

Popular posts from this blog

Petrobras on P-80 construction contract

August 15, 2022 Petróleo Brasileiro S.A. – Petrobras informs that, as a result of the progress of the development project for the Búzios field , in the Santos Basin pre-salt area, it signed today a contract with Keppel Shipyard Limited for the construction of platform P-80 , the ninth unit to be installed in the field.  This unit will be one of the largest to operate in Brazil and one of the largest in the global oil and gas industry, with capacity to produce up to 225 thousand barrels of oil per day, process up to 12 million m3/day of gas, and store more than 1.6 million barrels.  The project foresees the interconnection of 14 wells, 7 of which are oil producers and 7 injectors. The platform will be self-owned, of the FPSO type (floating unit that produces, stores, and transfers oil), with a minimum local content index of 25%. Production is scheduled to start in 2026. The P-80 will be the 28th system to operate in the pre-salt.  The P-80 is part of Petrobras' new generation of pla
Read more

Centrica LNG cargo commissions the first private LNG terminal in Brazil

25 February 2020 Centrica plc and Centrais Elétricas de Sergipe S.A. (CELSE) have collaborated to commission the first private Liquefied Natural Gas (LNG) import terminal in Brazil. On 4 February, Centrica-chartered vessel, the Singapore Energy, delivered 95,000m3 of LNG by a ship-to-ship operation to the Golar Nanook Floating Storage and Regasification Unit (FSRU) located 8.5km off the coast. The FRSU is connected by pipeline to CELSE’s Usina Termoelétrica (UTE) Porto de Sergipe I combined-cycle gas-fired power plant, the largest in Latin America.
Read more

Saipem: new contract awarded by the Abu Dhabi National Oil Company (ADNOC) for the Shah Gas plant in the United Arab Emirates

June 15, 2021 Saipem has received a Letter of Award from ADNOC Sour Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), for a new contract related to the Optimum Shah Gas Expansion (OSGE) & Gas Gathering project in the United Arab Emirates. The contract covers the expansion and upgrade of the existing Shah gas plant . The overall value of the contract is around 510 million USD. The EPC (Engineering, Procurement, Construction) contract includes the engineering, supply of materials, construction and commissioning of additional components, designed to increase the gas treatment daily capacity of the Shah Gas plant by 13%, from the current production capacity of 1.28 to 1.45 billion standard cubic feet per day, representing a cumulative increase to 145% of the original design capacity of the plant. The Shah Gas plant is the largest sour gas plant in the world. Due to a higher sulphur content, the plant requires specific technologies to ensure safety and respect for the env
Read more