Peregrino: the beginning of Equinor's journey in Brazil
Our story in Brazil began with Peregrino, a field that many considered impossible to develop due to the complex characteristics of the oil in its reservoir, and where we established a solid growth foundation in the country.
In recent years, we have evolved from operating a single field to a multi-asset company in Brazil, with activities in both oil and gas as well as renewable energy. Peregrino marked the beginning of this successful journey.
Since 2011, 250 million barrels have been safely produced from Peregrino field, which stands out as the largest operated by Equinor outside of Norway, with a daily production of around 110,000 barrels of oil.
In 2022, Peregrino Phase 2 produced its first oil, extending the field's life until 2040 and adding about 300 million barrels of oil to the asset. Peregrino field currently has a floating production, storage, and offloading unit (FPSO) and three fixed platforms.