Raia project, Brazil
Name of the Project
Raia project.
Location
About 200 km from shore, in water depths of up to 2 900 m, in the Campos basin presalt, in Brazil.
Project Owner/s
Equinor (35% – operator), Repsol Sinopec Brasil (35%) and Petrobras (30%).
Project Description
Raia is one of the most significant gas projects under development in Brazil. When in operation, it could provide up to 15% of total gas demand in the country. It contains natural gas and oil/condensate recoverable reserves of more than one-billion barrels of oil equivalent.
The operation will have a gas export capacity of 16-million mega standard cubic metres a day, and a floating production storage and offloading unit capacity of about 126 000 bbl/d.
Potential Job Creation
The project will create up to 50 000 direct and indirect jobs locally throughout its lifetime.
Capital Expenditure
$9-billion.
Planned Start/End Date
Startup is expected in 2028.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Valaris, represented by Ensco UK Drilling and Ensco do Brasil Petróleo e Gás (a drilling contract).
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, email infopnbv@petrobras.com.
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