The FPSO Peregrino, operating in the Campos Basin, officially resumed production on October 17, 2025, following authorization from (ANP). The platform, operated by Equinor do Brasil, will now begin ramping up output after being offline since August 2025, when production was halted due to operational safety procedures.
The restart marks an important step for PRIO, which holds a 40% interest in the field. The remaining 60% stake in the Peregrino field is currently being acquired from Equinor, in a transaction expected to significantly expand PRIO’s operated portfolio in the Campos Basin.
The Peregrino FPSO produces heavy oil from shallow waters and has been a key contributor to Brazil’s offshore production since it first came online in 2011.
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