Production resumes from SBM Offshore FPSO after January shutdown

Offshore staff

AMSTERDAM — SBM Offshore said production has resumed from its FPSO Cidade de Anchieta offshore Brazil after an 11-month shutdown.

The Cidade de Anchieta, under contract with Petrobras in Brazil, has been shut down since Jan. 22, after oil was spotted near the vessel.

SBM Offshore said in one of its quarterly reports earlier this year that the estimated volume of oil released was 191 cu. m and that anti-pollution measures deployed had been successful.

SBM Offshore safely resumed production from the FPSO following the inspection, repair and certification of four tanks in agreement with the client and approved by class and local authorities.

SBM Offshore said repair works on the remaining tanks would continue at least until the end of next year.

In an update in November, SBM Offshore said it expected the finalized estimate for the total future cost of repairs would necessitate a one-off impairment charge in the range of US$75 million to US$100 million, impacting the net profit for the year.

According to World Energy Reports' (WER) FPSO database, the Cidade de Anchieta is located at the Baleia Azul Field. Production from the field began in September 2012. Production in March 2019 averaged 36333 bbl/d, according to WER. 

12.20.2022