Output from the Cidade de Saquarema floating production, storage and offloading unit started on Friday from the initial production well in the central part of the Lula field in the Santos basin and ramped up to a stabilised rate of 30,000 barrels per day of oil on Monday.

You can watch an SBM video marking first oil at the floater below.

</preform><p >The floater had left the Brasa shipyard in Niteroi, a joint venture facility between SBM and Synergy Group, on 22 May, bound for the field about 300 kilometres offshore.</p><p