Norway’s BW Energy has made a final investment decision (FID) for the Maromba development at the Campos Basin in Brazil. The US$1.5bn agreement for the development includes an integrated drilling and wellhead platform (WHP) and a refurbished FPSO. The FPSO, the redeployed BW Maromba (formerly known as Polvo), is already undergoing refurbishment and life extension works. Designed with a 1 mbl of storage capacity, the vessel should have a total liquid capacity of 100 kb/d, with an oil production capacity of 65 kb/d and water treatment capacity of 85 kb/d.
The project, scheduled to start production by the end of 2027, is expected to double BW Energy’s total net production. It targets a 500 mbl of oil in place and, once operational, it should have a plateau production of 60 kb/d.