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First Oil for FPSO Pioneiro de Libra

FPSO LibraTeekay Offshore Partners has announced that its jointly owned floating production storage and offloading unit, the FPSO Pioneiro de Libra (Libra), has successfully achieved first oil and commenced its 12-year charter contract with a group of international oil companies, including Petrobras, Total, Shell, CNPC and CNOOC Limited, on the Libra oil field where it will perform early well tests. The Libra FPSO unit is the first unit to produce oil on the giant Libra block, which covers more than 1,500kmin the Santos Basin.

The Libra FPSO is owned and operated by Teekay Offshore and Odebrecht Oil and Gas  through a 50/50 joint venture. The FPSO unit, which was converted from one of the Partnership’s shuttle tankers at Sembcorp Marine’s Jurong shipyard in Singapore, is designed to operate at water depths of up to 2,400m, with a production capacity of 50,000 barrels of oil per day and daily compression capacity of 4mmillion of gas.