Name of the Project
BM-C-33 project.

Location
The BM-C-33 licence is located about 200 km from shore, in water depths up to 2 900 m in the Campos basin presalt, in Brazil.

Project Owner/s
Equinor, Repsol, Sinopec Brasil and Petrobras.

Project Description
BM-C-33 will be the first project in Brazil to treat gas offshore and be connected to the national grid without further onshore processing.

The project comprises three presalt discoveries – Pão de Açúcar, Gávea and Seat – containing natural gas and oil/condensate recoverable reserves of more than one-billion barrels of oil equivalent. The project involves the delivery of a floating production, storage and offloading (FPSO) unit, which will have a capacity of about 126 000 bbl/d.

Potential Job Creation
Not stated.

Capital Expenditure
About $9-billion.

Planned Start/End Date
The expected date of the FPSO is 2027. First oil is expected in 2028.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
TechnipFMC (subsea umbilicals, risers and flowlines, or Surf); and Modec Inc (sales and purchase agreement for the delivery of an FPSO).

Contact Details for Project Information
Equinor, tel +47 51 99 00 00.
Repsol Sinopec Brasil, tel +55 21 2559 7000 or email contato@repsolsinopec.com.
Petrobras, + 55 21 99921 1048 or email imprensa@petrobras.com.br.