Petrobras sets PFSO platform deal with Modec, announces Sepia field production for 2020
RIO DE JANEIRO
Petroleumworld 10 20 2017
Brazil's state oil company Petroleo Brasileiro SA said on Thursday it has set a deal with Japan's Modec Inc to rent a platform for exploration of the Sepia field, whose production will be delayed until 2021.
The floating, production, storage and offloading (FPSO) unit will link 15 wells in the field which is located in the pre-salt Santos basin. Petrobras, which did not disclose a price for the deal, had previously said that production in the Sepia field would begin in 2020.
Reporting by Marta Nogueira and Alexandra Alperr from Reuters.
reuters.com 10 19 2017
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