Bill of Lading : Importance & Types, FPSO Platforms or Crude Oil Terminals in Brazil

FPSO Platforms or Crude Oil Terminals in Brazil

Gone are those days when exploration companies plug and abandon marginal oilfields. The advent of FPSO platforms has made exploration more economical and flexible. Oil-producing companies can now take advantage of the new technology to explore marginal fields as well as deeper waters. In this article, we will be listing out some FPSO platforms or crude oil terminals in Brazil.

Few FPSO Platforms or Crude Oil Terminals in Brazil

S/NNAMEOILFIELDTYPEFIELD OPERATORPRODUCTSTORAGE CAPACITY
1.BC-10 FPSOParque das ConchasOffshoreShellCrude Oil2,000,000
2.BRASILRoncadorOffshorePetrobrasCrude Oil1,708,000
3.BW PEACETupiOffshorePetrobrasCrude Oil1,000,000
4.CAPIXABACachaloteOffshorePetrobrasCrude Oil2,038,000
5.CIDADE DE ANGRA dos REIS MV22LulaOffshorePetrobrasCrude Oil1,600,000
6.CIDADE DE NITEROI MV 18 (Opportunity Oil)JabutiOffshorePetrobrasCrude Oil1,600,000
7.CIDADE DE RIO DE JANIERO MV14Espadarte Sul FieldOffshorePetrobrasCrude Oil1,600,000
8.CIDADE DE SANTOS MV 20Urugua, TambaúOffshorePetrobrasCrude Oil700,000
9.CIDADE DE VITORIA (GOLFINHO II)GolfinhoOffshorePetrobrasCrude Oil1,900,000
10.CIDADE RIO DAS OSTRASBadejoOffshorePetrobrasCrude Oil214,000
11.DYNAMIC PRODUCERCarioca NEOffshorePetrobrasCrude Oil300,000
12.ESPADARTEEspadarte & MarimbaOffshorePetrobrasCrude Oil1,900,000
13.FLUMINENSE FPSO (Note 5)Bijupira, SalemaOffshoreShellCrude Oil1,300,000
14.FRADEFrade BC-4OffshoreChevronCrude Oil1,500,000
15.P-31AlbacoraOffshorePetrobrasCrude Oil1,000,000
16.P-33MarlimOffshorePetrobrasCrude Oil700,000
17.P-34Barracuda & CaratingaOffshorePetrobrasCrude Oil1,800,000
18.P-35MarlimOffshorePetrobrasCrude Oil2,000,000
19.P-37MarlimOffshorePetrobrasCrude Oil1,000,000
20.P-43BarracudaOffshorePetrobrasCrude Oil880,000
21.P-48CaratingaOffshorePetrobrasCrude Oil500,000
22.P-50Albacora LesteOffshorePetrobrasCrude Oil1,035,000
23.P-53Marlim LesteOffshorePetrobrasCrude Oil2,000,000
24.P-54Roncador Module 2OffshorePetrobrasCrude Oil2,000,000
25.P-57Jubarte, Ph 2OffshorePetrobrasCrude Oil1,600,000
26.PEREGRINOPeregrinoOffshoreStatoil HydroCrude Oil1,600,000
27.POLVOPolvoOffshoreDevon EnergyCrude Oil1,000,600
28.SEILLEAN (Note 1)Espirito SantoOffshorePetrobrasCrude Oil2,000,000
29.SEVAN PIRANEMAPiranemaOffshorePetrobrasCrude Oil300

What is FPSO Platform?

FPSO is an acronym for Floating, Production, Storage and Production. It is a movable production oil platform that can produce, store and offload crude oil into another vessel.
An FPSO platform can perform optimally not only in shallow waters but also, in ultra-deep oceans.

Also, they come in different shapes and sizes, and they are becoming more popular in recent years, thanks to their flexibility.

Advantages of FPSO Platforms

First, FPSO is more economical compared to what it takes to set up other types of offshore platforms. It doesn’t require massive structures thus, minimizing the cost of drilling an exploratory well.

Second, with the advent of floating, production, storage and offloading, producers can explore marginal oil fields.

Third, ship owners can convert their old vessels into a production platform hence, reducing the cost of setting it up. Also, this gives room for more entrants into the industry as well as inter-corporate investment.