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5 August 2015: BG Group starts sixth FPSO in the Santos Basin

5 August 2015

BG Group has reported fiirst oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the company's discoveries in the Santos Basin, offshore Brazil. The FPSO will produce from the Iracema North area of the Lula field in the Petrobras-operated BM-S-11 block.

Anchored 240 kilometres off the coast of Rio de Janeiro, the Cidade de Itaguaí is approximately 2220 metres above the ocean floor. This is the second leased FPSO deployed on the Iracema development and will double the gross production capacity to 300,000 barrels of oil per day and 16 million cubic metres of natural gas per day from the area. The FPSO will also be able to store 1.6 million barrels of oil.

BG Group has a 25% interest in Block BM-S-11 (Petróleo Brasileiro S.A., operator, 65% and Petrogal Brasil S.A., 10%). BG Group also has a 30% interest in Block BM-S-9 (Petróleo Brasileiro S.A., operator, 45% and Repsol Sinopec Brasil 25%).

BG Group

4 August 2015: KNPC awards EPC packages for Al Zour Refinery


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