Repsol Sinopec Brasil, Equinor and Petrobras announced this week that they decided to
invest in the development of the BM-C-33 field, a condensed gas field located in the pre-salt
layer of the Campos Basin, in the state of Rio de Janeiro.
The approximate cost is US$ 9 billion, with start-up scheduled for 2028. An FPSO will
be contracted and designed to produce 16 million m³/day of natural gas. The objective is
to connect the field to the Cabiúnas Terminal in Macaé, in the North region of Rio de Janeiro
state. Repsol Sinopec Brasil and Equinor hold 35% each of this exploration in BM-C-33
while Petrobras owns 30%. Block BM-C-33 is located approximately 200 km from the coast,
in water depths of up to 2,900 m.