December 2 marked the naming ceremony of FPSO Pioneiro de Libra, which is owned through a 50/50 joint venture between Odebrecht Oil & Gas and Teekay Offshore (OOGTK joint venture). The ceremony took place at the Jurong Shipyard in Singapore where the conversion of the Libra FPSO has been taken place since 2014, the company said in its press release.
The unit, which used one of Teekay Ofshore’s former shuttle tankers, the Navion Norvegia, will operate on the large Libra pre-salt field in the Santos Basin offshore Brazil with estimated reserves of 8 to 12 billion barrels and currently considered to be the largest oil field offshore Brazil. FPSO Pioneiro de Libra can operate at water depths of up to 2,400 meters, with a production capacity of 50,000 barrels of oil per day and daily compression capacity of four million cubic meters of gas.