Billion dollar project reaches milestone
SHIPPING: The floating production unit Maersk Peregrino, the Group´s largest single investment in a vessel, is now properly hooked up at the oil field in the Campos Basin off the Brazilian coast. Here it is planned to stay in position and produce oil for the coming up to 30 years.
“This is not just about the latest milestone, but successful achievement of several - such as completion of the two-year conversion work at the yard in Singapore, entry into Brasilian waters, approval by local authorities to sail to the field and being permanently moored at location", says Stig Hoffmeyer CEO of Maersk FPSOs.
"All tasks which required hard work, meticulous planning and professional execution from the multiple teams around the world and the crew. They should all be extremely proud of their accomplishments.
The coming months are very busy with connecting to lines to the wells, testing systems and getting the Maersk Peregrino ready for the final milestone, which is the first time oil will be processed onboard.
“Back in 2006 we decided to enter the Brazilian market due to the very attractive outlook and I am pleased to see this is now fulfilled. The Group's emphasis on emerging markets and on Brazil is supported by the Maersk Peregrino and is also illustrated by Maersk Oil’s latest acquisition in the area”. says Claus V. Hemmingsen, partner and chairman of Maersk FPSOs.
Source: Maersk / maritimedamark.dk