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Peregrino Phase 2

Posting Date: 08/Mar/2021

heavy oil field

The Peregrino field is our largest international operation outside Norway, and Phase Two involves the addition of a third fixed wellhead platform to the field, extending its main productive life and adding 273 million in recoverable reserves.

The Peregrino oil field is located in licences BM-C-7 and BM-C-47, approximately 85km offshore Brazil, in the Campos basin, in water depths of 100m.

The second phase is expected to be developed at a cost of $3.5bn and will start production in 2021. Equinor and Sinochem are joint field owners, with Equinor being the operator with a 60% interest in the asset. Peregrino is Equinor’s largest operated oil field outside Norway and has a production capacity of 100,000 bpd. The concession period of the field extends until 2040. A plan of development for Peregrino Phase Two was submitted to Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) on 30 January 2015. The second phase is expected to be developed at a cost of $3.5bn, and will start production in 2021.

Peregrino Phase Two development details:

The second phase involves the Peregrino south-west area, which is not accessible by the existing A and B platforms. Its development plan involves increasing the number of production wells. The field will be developed using horizontal production wells with artificial lift that will be provided by subsurface down-hole electric submersible pumps (ESP). Multiphase export booster pumps will be installed to pump oil, gas and water that will be carried by export pipelines to the existing floating production, storage and offloading (FPSO) unit for processing. Produced water will be returned after the separation process to the WHP-C for reinjection. Facilities available at the WHP-C will include drilling facilities, utilities, power generation, living quarters and helideck.


Schlumberger was contracted for drilling the wells from the Peregrino platform C in January 2019. The contract scope includes well construction services, drilling management services, and advanced digital technology solutions.

Heerema Marine Contractors, which executed the transportation and installation of the Peregrino A and B platforms, secured a contract to build and install an 8-legged jacket for the platform C in May 2017.

Heerema’s Sleipnir, the world’s largest semi-submersible crane vessel, completed the installation of the platform C in January 2020.

Kiewit Offshore Services, which built the jackets and topsides for platform A and platform B, also fabricated the topsides for platform C. GranIHC, a joint venture between Brasilian GranInvenstimentos and Royal IHC, was awarded a contract for the offshore hook-up and commissioning works for the platform C in January 2019.

GranEnergia’s Olympia vessel is providing offshore accommodation service to the personnel working on the platform C to make it ready for first oil production in 2021.

Leirvik, formerly Apply Leirvik, was awarded a £37.2m ($48m) contract to build the living quarters module for the platform C. TechnipFMC was awarded an engineering, procurement, construction, and installation (EPCI) contract to lay subsea pipelines for the platform C in September 2017.

Technip FMC deployed its pipelay vessel Deep Blue for laying subsea pipelines in 2019.

ABB was the main automation and electrical contractor for Peregrino FPSO, wellhead platforms, and submersible pumps in the phase one development of the project. The contract scope included the design, manufacture, installation, and commissioning of the electrical, instrumentation and automation systems for the FPSO and its associated subsea equipment.

Project Information

Campos Basin, 85km offshore Brazil

Other Information

Investors: $3.5bn
Investors: Equinor (60%) and Sinochem (40%)
Date: Sep/2016 - Dec/2021
Status: Active construction in progress
Operators: Equinor
Operators: Heerema Marine Contractors, Heerema’s Sleipnir, Kiewit Offshore Services, Schlumberger, GranIHC, GranEnergia’s Olympia vessel, Apply Leirvik, TechnipFMC, ABB