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Petrobras starts Lula North operations with new FPSO

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Petrobras has started production at its Lula North deepwater project in Brazil’s Santos Basin via the P-67 FPSO. This is the seventh such vessel deployed at Lula field, which was discovered in 2006 and is the largest producing field in Brazil. The field accounts for 30% of the country’s oil and gas production. Petrobras operates with 65% WI in partnership with Shell (25%) and Galp (10%). The partners began production at a separate area of the field, Lula South, in October with the P-69 FPSO. The P-67,......
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