Enauta turns scheduled shutdown mode on for Brazilian field

Enauta turns scheduled shutdown mode on for Brazilian field

Brazilian oil and gas player Enauta has initiated a scheduled shutdown at a field offshore Brazil, in preparation for the recertification of the floating, production, storage, and offloading (FPSO) vessel, which is currently working on the field.

Petrojarl I FPSO; Source: Enauta

Enauta informed last Friday that the Atlanta field had started its scheduled downtime with an estimated return in August. According to the company, this downtime aims to comply with the Ministry of Labor’s normative requirements and prepare the FPSO to be recertified by DNV (Det Norske Veritas), in regards to a two-year extension of chartering, operation & maintenance (O&M) agreements for the FPSO Petrojarl I

With estimated reserves of 106 MMbbl, the Atlanta field is operated by Enauta Energia, a wholly-owned subsidiary of the company, which also has a 100 per cent interest in this asset. Located in block BS-4 in the Santos Basin, at a 1,500-metre water depth, the field has been producing since 2018 through an Early Production System (EPS) – comprising three wells connected to the FPSO Petrojarl I.

The Brazilian firm opted for a single downtime for a combined execution of activities to “substantially reduce the time necessary.” After obtaining the recertification, the FPSO’s contractual extension will enable the production’s continued operation until the entry of the Full Development System (FDS). 

To remind, a new development plan and contractual extension for this field’s concession agreement were recently approved, foreseeing the entry of the FDS, which was approved in February 2022. The start-up is expected by mid-2024, originally with six wells, reaching ten wells in 2029

To this end, Enauta inked with Malaysia’s Yinson – based on the Letter of Intent (LoI) from December 2021 – a purchase deal for the FPSO OSX-2, which was closed in February. Currently, the vessel is being converted at Dubai Drydocks World.

Once the conversion is completed, the vessel – named FPSO Atlanta – will be operated under ABS Class and it will be deployed at the Atlanta field.