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Brazil defines the security conditions for Prio to get the maritime area

The Brazilian oil and fuel regulator, ANP, has set up that Petrobras and Prio (formerly PetroRio) should comply with a sequence of safety conditions prior to beginning functions at the Albacora Leste area, situated off the country’s southeastern coast. .

Prio obtained the Campos basin asset from the condition-owned corporation in April for $ 2.2 billion. The deep water area manufactured close to 30,500 boe / working day in Might and has perhaps recoverable reservoirs in the pre-salt layer. Its demonstrated reserves are approximated at 279 million barrels.

ANP analyzes the transfer of possession of the challenge from Petrobras to Prio.

In a conclusion observed by BNamericas, the Regulator’s Operational Superintendency for Safety and Ecosystem claimed Petrobras will need to evaluation the diagnostic motion software for the P-50 FPSO depressurization method (pictured).

The company also proven that the adaptation strategy to the recommendations relating to the unique operates for the oil transfer system should be re-evaluated so that they are suitable with the chance degrees.

Prio, for its part, should have out a official administrative method for the Albacora Leste area, taking into account all the crops transferred (wells, fuel pipelines, etcetera.), as very well as the challenges of the transition.

According to ANP, the business have to demonstrate that the contracted functions and servicing team is able of carrying out the set up pursuits and will have to have complete organizing to deal with key emergencies and demonstrate, among the other variables, the availability of sources. planned.

The Superintendency pointed out that Prio was not audited, not even on a sample foundation.

“Therefore, the proposed situations relate to scenarios discovered and talked about in the meetings held for the duration of the audit procedure and it is not probable to say that the circumstances proposed in this view are adequate to ensure the minimal security situation for the risk-free commence of functions . functions ”, spelled out the superintendency.

Prio’s push business office reported in a statement that, given that May perhaps, the firm has been doing work in partnership with Petrobras to make the Albacora Leste changeover “as protected and effective as attainable.”

The business office highlighted that, because 2015, the enterprise has been safely running belongings in the Campos basin, which includes two FPSOs, a set platform and a drilling rig, all with its very own workforce.

In addition, Prio has deployed a group for the Albacora Leste project, including pros on web site targeted on contributing to the assessment and resolution of any restrictions collectively with the Petrobras workforce.

The enterprise expects to just take about the Albacora Leste company by early 2023.

Throughout its very first 18 months of procedure, Prio intends to invest about $ 150 million on the P-50 to ensure criteria of security and operational performance equal to the firm’s other operations.

The amount of money does not consist of the waste h2o treatment method task carried out by Petrobras. The point out enterprise will have out this task in advance of finalizing the transfer of Albacora to Prio.

Petrobras did not respond to a ask for for facts when contacted by BNamericas.

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