Two More Platforms Scheduled to Start Operations Offshore Brazil This Year

Petrobras will kick-off operations at two more offshore oil producing platforms, in the Campos Basin, by the end of the year: the FPSO Presidente JK (P-34), which will go online in November in the Jubarte field, southern Espirito Santo coast, and will be capable of producing up to 60,000 barrels of oil per day (bpd); and the FPSO Cidade do Rio de Janeiro, which will be installed by December at the Espadarte field, with capacity to produce up to 100,000 bpd.

Added to the P-50 Platform, capable of producing 180,000 bpd and which marked the Brazilian oil self-sufficiency when it was installed in April in the Albacora Leste field, in the Campos Basin, and to the FPSO Capixaba, which can produce 100,000 bpd and has been operating since May in the Golfinho field, in the Espirito Santo Basin, the installation of these two new units will add another 440,000 bpd to Petrobras' production capacity in 2006.

Conclusion of the P-34 and FPSO Cidade do Rio de Janeiro construction work

The President JK (P-34) and Cidade do Rio de Janeiro platforms are are floating oil production, storage, and offloading systems.

The FPSO P-34's construction work was concluded this Friday, October 13th, at the Vitoria Harbor. After undergoing operational tests, it will sail to the Jubarte field, in the Campos Basin, southern Espirito Santo coast. Meanwhile, the FPSO RJ was built in Singapore and is already on its way to Brazil, to be installed in the Espadarte Field, in the Campos Basin, northern Rio de Janeiro coast.

The Jubarte and Espadarte production systems will introduce several technological innovations. Among the advancements is the new submarine centrifuge oil pumping (S-BCSS) system, installed on the sea bed, near the producing well. This system, developed by Petrobras, will reduce operational costs and facilitate both remote intervention in submarine equipment and pump replacement, when necessary. Furthermore, it will exempt completion probe use, one of the most expensive devices to lease in the international market.

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