Posted by Earlier this week, Equinor submitted Declarations of Commerciality for block BM-C-33. The block is situated in the Campos Basin, approximately 200 km from Rio de Janeiro, in water depths of up to 2,900 meters. Equinor operates in this area with a 35% stake, alongside Repsol Sinopec (35%) and Petrobras (30%).
These discoveries were initially made by Repsol Sinopec Brasil in 2010 in the pre-salt region of the Campos Basin. According to the submitted documents, Raia Manta and Raia Pintada fields contain recoverable volumes of natural gas and oil/condensate exceeding 1 billion barrels of oil equivalent, with initial oil production expected in 2028.
This field development project will mark Brazil’s first offshore gas treatment iniciative, eliminating the need for onshore processing. The FPSO features a production capacity of 16 Mm³ of gas per day and 126,000 barrels of oil per day (bpd), with an estimated average daily gas exports of 14 Mm³.
In addition, the FPSO incorporates advanced technology designed to reduce the field’s carbon emissions to an average of less than 6 kg per barrel of oil equivalent, which is approximately two-thirds lower than the industry average.