FPSO integration in Campos Basin

PRIO is evaluating a possible interconnection between the FPSOs serving the Peregrino and Tubarão Martelo fields, following the model applied in the Phoenix Project, which integrated Polvo and Tubarão Martelo to reduce costs and boost operational efficiency. The assessment considers the technical and economic viability of a configuration that would allow optimized processing, injection and flow between units, creating a more integrated hub in the Campos Basin.

The initiative aims to capture three core effects: lower OPEX through reduced dependence on charters and diesel consumption, extended reservoir life with higher recovery factors, and more efficient asset utilization by balancing load across platforms. Any advancement will depend on confirming pipeline integrity, system compatibility, regulatory requirements and potential environmental licensing needs.

In the market, the evaluation is interpreted as a natural continuation of the company’s strategy of integrating infrastructure in mature fields, developing more flexible configurations with improved production predictability. The arrangement would reinforce the ongoing trend toward mid-sized hubs in the Campos Basin, lowering unit costs and strengthening operational resilience in the region.