Petrobras commences decommissioning of platforms. Credit: PETROBRAS / Enrique Fernandez.

Brazilian state-owned operator Petroleo Brasileiro (Petrobras) has started decommissioning works on the P-12 platform in the Campos Basin offshore Brazil.

The company started P-12 decommissioning after approval from the Brazilian National Agency for Petroleum, the Brazilian Institute for the Environment and Renewable Natural Resources, and the Brazilian Navy.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The P-12 platform is located at the Linguado field, 83km from Cabo de São Tomé in a water depth of 100m.

As per the company’s strategic plan for 2020-24, a total of 18 production platforms will be decommissioned by the year 2024.

The P-07 and P-15 platforms in the Campos Basin are also scheduled for decommissioning in this year.

Built in 1977, the P-07 platform was last upgraded in 2002. It is located 120km off the coast from Macaé at the Bicudo field, in water depths of 210m.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The P-15 semi-submersible was built in 1983. It is located at the Pirauna field, 127km off the coast of Macaé, 243m deep.

In a press statement, Petrobras said: “The decommissioning of the platforms will be carried out in accordance with the best global practices.

“In partnership with other companies and with the scientific community, methodologies that allow the identification of the alternative that best balances safety, environment, technical, social and economic aspects were developed.”

The bidding session for the P-07, P-12 and P-15 platforms is scheduled to commence this month.

Last month, Petrobras started oil and gas production at the Atapu shared deposit in the eastern portion of the country’s Santos basin.

In May this year, Petrobras released its Q1 financial results, showing its worth fell by $13.4bn as part of a cash impairment charge.

In April, Petrobras revised its debt reduction plans due to the ongoing fall in crude prices as a result of the Covid-19 pandemic.