Dutch supplier SBM Offshore has announced the start of production aboard the Cidade de Ilhabela floating platform off Brazil’s southeast coast.
The announcement comes four days after local environment regulator Ibama issued a permit for Brazil’s state-run oil major Petrobras to begin operating the floating production, storage and offloading (FPSO) unit.
“FPSO Cidade de Ilhabela is formally on hire after achieving first oil and completing a 72-hour continuous production test,” SBM said in a statement on Monday.
The unit will be leased to Petrobras under a 20-year contract.
Sapinhoá Norte forms part of the pre-salt BM-S-9 block, which has estimated reserves of 2Bboe.