Eventually this final phase of the project is expected to deliver a further 20,000 boe/d through the FPSO Espirito Santo, 90 mi (150 km) offshore.
Wael Sawan, executive vice president, Deep Water, Shell, said: “With this phased project, we have again demonstrated value from standardization, synergies from contractual relationships, and the strategic deployment of new technologies.”
Phase 3 comprises five producing wells on the Massa and O-South fields and two water-injection wells, in water depths of more than 5,900 ft (1,800 m).
Shell is also part of a consortium exploring and developing the presalt Libra field offshore Brazil, and recently completed the acquisition of BG, which has wide-ranging deepwater E&P interests in the country.
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