Pao De Acucar is a conventional gas development located in ultra-deepwater in Brazil and is operated by Equinor Brasil Energia. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Pao De Acucar was discovered in 2012, lies in block C-M-539, with water depth of around 9,254 feet. Buy the profile here.
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The project is currently in construction stage and is expected to start commercial production in 2028. Final investment decision (FID) of the project was approved in 2023. The development cost is expected to be $6,671 m. The Pao De Acucar conventional gas development will involve the drilling of approximately three wells and includes FPSO and subsea trees.
Field participation details
The field is owned by China Petrochemical, Equinor, Petroleo Brasileiro and Repsol.
Production from Pao De Acucar
Production from the Pao De Acucar conventional gas development project is expected to begin in 2028 and is forecast to peak in 2030, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2049.
Contractors involved in the Pao De Acucar conventional gas field
Some of the key contractors involved in the Pao De Acucar project as follows.
Design/FEED Engineering: TechnipFMC
Main EPC: Mitsui E&S and TechnipFMC
EPC Contractors: Keppel
Other Contractors: Baker Hughes, Valaris, Vallourec and IKM Holding
About Equinor Brasil Energia
Equinor Brasil Energia Ltda is a energy firm. The company owns and runs plants that produce petroleum, natural gas, and solar energy. The company is headquartered in Rio de Janeiro, Brazil.
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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.
