Enauta on track to achieve first oil from Brazil-bound FPSO this year

Brazilian oil and gas player Enauta is making progress in putting all the puzzle pieces together to bring a floating production, storage, and offloading (FPSO) vessel, destined to work at its field off the coast of Brazil, online later this year.

After the first multiphase pumping subsea system (MPP), manufactured by OneSubsea, was loaded in Norway on January 21, the MPP was delivered to Enauta in Rio de Janeiro on February 14. This will be installed in 2Q 2024 to support oil and gas production at the Atlanta field.

According to the Brazilian player, the other two modules, which are in the final testing and commissioning phase, will be delivered in the second quarter of 2024. However, the umbilicals expected for the system were concluded last month. The company is adamant that these deliveries ensure that FPSO Atlanta will meet its first oil production schedule by August 2024.

Enauta is working on replacing the FPSO Petrojarl I, working on the Atlanta field, with the FPSO Atlanta, which the company bought for Atlanta’s Full Development System (FDS) in 2022. The naming ceremony for the FPSO Atlanta was held at the Dubai Drydocks World shipyard on December 13, 2023.

Located in block BS-4 in the Santos Basin, at a 1,500-meter water depth, the Atlanta field is operated by Enauta Energia, a wholly-owned subsidiary of the company, which also has a 100% interest in this asset. The field has been producing since 2018.

The Atlanta field reached an average daily production of 21.4 thousand boe/day in February 2024, in line with the previous month, showing the stability of the equipment and the full capacity of the early production system (EPS). Since the resumption of production in November 2023, more than 2.2 million boe were produced.

Enauta is busy with portfolio expansion, thanks to a contract with Petrobras to get a hold of oil and gas fields in the Santos Basin and natural gas pipeline infrastructure. The Brazilian firm also set out to acquire the entire stake held by QatarEnergy Brasil in the oil fields comprising the Parque das Conchas.