Buzios VI (Franco) is a conventional oil development located in ultra-deepwater in Brazil and is operated by Petroleo Brasileiro. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block Buzios, with water depth of around 6,890 feet. Buy the profile here.
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The project is currently in commissioning stage and is expected to start commercial production in 2025. The development cost is expected to be $5,394 m. The Buzios VI (Franco) conventional oil development will includes FPSO.
Field participation details
The field is owned by Petroleo Brasileiro.
Production from Buzios VI (Franco)
Production from the Buzios VI (Franco) conventional oil development project is expected to begin in 2025 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2053.
Contractors involved in the Buzios VI (Franco) conventional oil field
Some of the key contractors involved in the Buzios VI (Franco) project as follows.
Main EPC: Schlumberger, Keppel and TechnipFMC
EPC Contractors: HD Hyundai
Other Contractors: Baker Hughes, A.P. Moller - Maersk, Mattr, EIG Global Energy Partners and FPE Sontum
About Petroleo Brasileiro
Petroleo Brasileiro SA (Petrobras) an oil and gas company, with a focus on exploration and production, refining, energy generation, and trading. The company has a significant reserve base and has developed expertise in deep and ultra-deepwater exploration and production. Its main services include offshore drilling, production platforms, subsea vessels, and subsea hardware operations. The company collaborates closely with suppliers, universities, and research centers to develop its own technology for efficient deepwater operations. Its products and services are utilized across various industries. The company contracts engineering, procurement, construction, and installation (EPCI) for its entire business stream. Petrobras markets its products in North America, South America, Africa, and Asia. Petrobras is headquartered in Rio de Janeiro, Brazil.
For more details on the Buzios VI (Franco) Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
