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These investments included a “major pro- gas (GHG) emissions. Peregrino Phase II is
gramme of maintenance, upgrades and repairs” designed to lower the absolute emissions of
on the floating production, storage and off-load- carbon development operations at the field by
ing (FPSO) vessel already installed at Peregrino, 100,000 tonnes per year (tpy) of carbon dioxide,
as well as the installation of Peregrino-C, a new it said, and “[this] will be achieved by deploy-
platform, it explained. ing digital solutions to optimise energy con-
Peregrino-C is the third wellhead platform sumption, in addition to gas-powered power
installed at the field, it added. The platform “is turbines to drastically reduce and replace diesel
progressing towards the start of production, consumption.”
with the first oil expected in the third quarter Peregrino, located in the Campos Basin off-
[of] 2022,” the statement noted. shore Brazil, began first-phase production in
These operations, which took place within 2011, with the FPSO supporting the operation
the framework of the Peregrino Phase II pro- of two wellhead platforms, Peregrino-A and
ject, will boost the production capacity of the Peregrino-B. The remaining reserves available
field while also extending the operating life and for extraction by these two platforms amount to
value of the field by permitting the extraction about 180mn barrels.
of an additional 250-300mn barrels of crude oil. Equinor owns a 60% stake in the field and
Additionally, Equinor said, the investments serves as operator of the project, and the remain-
in production infrastructure will support the ing equity is assigned to a state-owned Chinese
company’s overall efforts to reduce greenhouse company, Sinochem. ™

Peregrino is Equinor’s largest operated project outside Norway (Photo: Equinor)

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