Start of Sevan Piranema Delayed

Petrobras has notified Sevan that due to normal operational delays in completion operations over the producer well of the first pair of wells (injector + producer) to be put on flow, the revised schedule for first oil is now estimated at mid September.

The Sevan Piranema is moored on the Piranema field in 1,000m water depth, on a standby dayrate, awaiting the finalization of Petrobras' completion activities.