BG Group initiates production from Cidade de Itaguaí FPSO, offshore Brazil
READING, England -- BG Group has announced first oil from the Cidade de Itaguaí FPSO, the sixth unit to start production across the group's significant discoveries in the Santos basin, offshore Brazil.
The FPSO will produce from the Iracema North area of Lula field in the Petrobras-operated BM-S-11 Block.
Anchored 240 km off the coast of Rio de Janeiro, the Cidade de Itaguaí is approximately 2,220 m above the ocean floor. This is the second leased FPSO deployed on the Iracema development and will double the gross production capacity to 300 Mbopd and 16 MMcmgd from the area. The FPSO will also be able to store 1.6 MMbbl of oil.
BG Group has a 25% interest in Block BM-S-11 (Petróleo Brasileiro S.A., operator, 65% and Petrogal Brasil S.A., 10%). BG Group also has a 30% interest in Block BM-S-9 (Petróleo Brasileiro S.A., operator, 45% and Repsol Sinopec Brasil 25%).
