BG Group FPSO starts operations in Santos Basin

BG Group FPSO starts operations in Santos Basin

BG Group has announced first oil from the Cidade de Itaguaí FPSO vessel, the group’s sixth in the Santos Basin, offshore Brazil.

The FPSO is anchored 240 km off the coast of Rio de Janeiro and will produce from the Iracema North area of the Lula field in the Petrobras BM-S-11 block.

Cidade de Itaguaí is the second leased FPSO to be deployed to Iracema, doubling gross production capacity to 300 thousand barrels of oil per day and 16 million cu m of natural gas per day. The FPSO will also be able to store up to 1.6 million barrels of oil.

BG Group also has a 25% interest in the block, while Petrobras has 65% and Petroga Brasil 10%.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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