The first two FPSOs – the Cidade de Ilhabela and Cidade de Mangaratiba – are due to start production in the fourth quarter at the Sapinhoa North and Iracema South pre-salt fields.
The other 11 floaters include units to be deployed in the giant Lula and Buzios pre-salt fields by 2017, comprising investments of about 120 billion reais ($52 billion) that will add more than 740,000 barrels per day of oil and 31 million cubic metres per day of natural gas to the company’s net production.
The
