Production of oil and natural gas has started from the Lula North presalt area in Brazil’s Santos basin from Petroleo Brasileiro SA’s P-67 floating production, storage, and offloading vessel, reported BM-S-11 consortium partner Shell Brasil Petroleo Ltda. The FPSO, which is 260 km off Rio de Janeiro in 2,130 m of water, will produce through nine production wells.

Source: News