Production in the Peregrino field in Brazil resumed on 16 July, aiming to ramp up production and reduce emissions intensity. Peregrino production was suspended in April 2020. Since then, Equinor has executed a major programme of maintenance, upgrades and repairs on the Floating Production Storage and Offloading vessel and has installed a new platform, Peregrino C. In parallel with the maintenance and upgrades on the FPSO, a third wellhead platform, Peregrino C, was installed and is progressing towards the start of production, with the first oil expected in the third quarter 2022. The new platform is part of the Peregrino Phase II project which will extend the lifetime and value of the field and add 250-300 million barrels.Together, these investments have allowed production to safely restart, to increase the overall capacity of the field and to improve the carbon emissions intensity.Peregrino is the largest field operated by Equinor outside of Norway and the first of a series of major field developments in Brazil. Remaining reserves from Peregrino Phase I are estimated at 180 million barrels.Located in Campos basin, Peregrino field started production in 2011. Equinor is the operator (60%), with Sinochem (40%) as partner in the field. Peregrino Phase I consists of a FPSO unit, supported by two well head platforms - Peregrino A and Peregrino B. Peregrino II consists of a well head platform – Peregrino C – and related facilities.
Production in the Peregrino field in Brazil resumed on 16 July, aiming to ramp up production and reduce emissions intensity. Peregrino production was suspended in April 2020. Since then, Equinor has executed a major programme of maintenance, upgrades and repairs on the Floating Production Storage and Offloading vessel and has installed a new platform, Peregrino C. In parallel with the maintenance and upgrades on the FPSO, a third wellhead platform, Peregrino C, was installed and is progressing towards the start of production, with the first oil expected in the third quarter 2022. The new platform is part of the Peregrino Phase II project which will extend the lifetime and value of the field and add 250-300 million barrels.Together, these investments have allowed production to safely restart, to increase the overall capacity of the field and to improve the carbon emissions intensity.Peregrino is the largest field operated by Equinor outside of Norway and the first of a series of major field developments in Brazil. Remaining reserves from Peregrino Phase I are estimated at 180 million barrels.Located in Campos basin, Peregrino field started production in 2011. Equinor is the operator (60%), with Sinochem (40%) as partner in the field. Peregrino Phase I consists of a FPSO unit, supported by two well head platforms - Peregrino A and Peregrino B. Peregrino II consists of a well head platform – Peregrino C – and related facilities.