BW Energy Will Develop The Maromba Field Offshore Brazil In Two Phases

BW Energy has decided to proceed with the Maromba development in Brazilian waters in phases by drilling six producing Wells. The Wells will be connected to a redeployed floating production, storage and offloading unit (FPSO). The first oil from the first phase of the project is targeted for 2025.

The company's development plan has been approved by Brazil's oil and gas regulator, ANP, and is expected to receive full environmental approval from the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) in due course.

The FPSO Polvo will be upgraded and redeployed in an offshore Brazilian field located in the southern Campos Basin. It will be designed for up to 10 producing Wells with a storage capacity of 1.2 million barrels.