PRIO, Brazil’s leading independent oil and gas operator, has received the Operating License from the Brazilian Institute of Environment (Ibama), marking the final regulatory step before the start of production in Wahoo.
The Wahoo field, located in the Campos Basin, is currently in the final commissioning phase. With environmental approval already issued, PRIO is ready to activate extraction operations in this deepwater asset. The infrastructure includes a subsea tieback to the Frade field, operated by the same company, which will optimize the production flow.
Wahoo production drives PRIO’s offshore expansion
The commissioning of the Wahoo field represents a key boost to Brazil’s pre-salt production. PRIO continues to execute its growth strategy through the acquisition and redevelopment of offshore assets, prioritizing operational efficiency and environmental compliance. The license granted by Ibama reinforces the project’s alignment with the regulatory and sustainability standards required in the industry.
Following best governance practices, PRIO officially informed the market about the acquisition of the license, reiterating its commitment to safety, the environment, and transparency at every stage of the field’s development. Production is expected to start shortly, consolidating the company as one of the most relevant players in the offshore sector in Latin America.
Source: PRIO
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