Karoon shuts in production after high-pressure flare on Brazil FPSO

(WO) –Karoon advises that Baúna production, including from the Patola field, was shut-in at 17:00 on March 28 in a safe and controlled manner, due to a loss of containment incident associated with the high pressure flare on the FPSO, Cidade de Itajaí.

The FPSO operator, Altera&Ocyan (A&O) mobilized a team of specialists to the FPSO to identify the source of the leak and undertake repairs. These repairs were completed on March 30.

However, due to the higher-than-expected flow rates from the Patola wells, and the associated pressure that places on the FPSO processing system, Karoon and A&O have decided to extend the shutdown to undertake a full inspection and testing of associated systems, and to bring forward some of the planned July maintenance program.

The inspection and accelerated maintenance work is expected to be completed by mid-April 2023, allowing production to restart.

Due to higher than anticipated production rates seen from both the intervention program and from Patola, at this stage the company’s production guidance for the FY2023 full year remains unchanged, despite the current shutdown.