BW Energy makes FID on Maromba field development in Brazil
Published by Alfred Hamer,
Editorial Assistant
Oilfield Technology,
BW Energy has announced the final investment decision (FID) for the Maromba development offshore Brazil based on a capex-efficient development with an integrated drilling and wellhead platform (WHP) and a refurbished FPSO. The development targets 500 million barrels of oil in place in the highly delineated and tested Maastrichtian sands. First oil is planned by end-2027 with expected plateau production of 60 000 bpd of oil. The development will more than double BW Energy’s total net production by 2028 and has short pay-back time.
Project highlights:
- Initial six production wells from the WHP.
- The WHP will be a converted drilling jack-up with up to 16 well slots and production- and test-flowlines connected to the redeployed FPSO BW Maromba (ex. Polvo).
- A second six-well drilling campaign will fully leverage the established field infrastructure and allow for appraisal and testing of other reservoir horizons.
- BW?Maromba refurbishment and life extension work is already underway at the COSCO yard in China.
- Total investments of US$1.5 billion, split US$1.2 billion for the initial development and a further US$0.3 billion for the secondary drilling campaign.
“We have spent time on optimising the Maromba development plan and concluded on a highly competitive concept with a repurposed jack-up platform and FPSO, repeating the approach we very successfully applied in Gabon. Maromba will enable BW Energy to deliver industry-leading organic production growth and position the Company for further low-cost developments of known potential developments. We expect to unlock significant shareholder value in all realistic oil price scenarios,” said Carl K. Arnet, the CEO of BW Energy.
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Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/12052025/bw-energy-makes-fid-on-maromba-field-development-in-brazil/
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