Peregrino C, Brazil, produce first oil

On 10 October at 20:00 local time, the new platform in Brazil, Peregrino C, produced its very first oil.

Peregrino phase 2 will extend the Peregrino field life to 2040. Phase 2 adds 250-300 million barrels of oil, while at the same time halving expected CO2 emissions per barrel over the field remaining lifetime.

Peregrino phase 2 consists of a new platform with drilling facilities and living quarters tied in to the existing Peregrino FPSO, as well as a new pipeline importing gas to the platform for power generation.
In operation the new platform will provide 350 long-term jobs offshore and onshore in Brazil.
The project was on schedule for planned start-up late in 2020 when Covid-19 hit the project hard, leading to cuts in the workforce several times in the crucial and normally labor-intensive hook-up phase. Still, Peregrino phase 2 is delivered within the original USD 3 billion cost estimate.
In line with Equinor’s low carbon strategy, measures have been taken to reduce CO2 emissions from the Peregrino field. By switching from diesel to gas for power generation on Peregrino C, phase 2 will avoid 100,000 tonnes of CO2 emissions from the Peregrino field per year.

This will also reduce costs and simplify logistics in the operational phase.


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