Facts:

Brazil’s state oil company Petrobras plans to begin sequestering CO2 at the Lula oilfield, which lies within the country’s massive offshore subsalt discovery.

Petrobras aims to use CCS to boost production and reduce CO2 emissions from its deep water exploration campaign. Beginning in March 2011, it intends to inject captured CO2 back into depleted oil reservoirs or store it within sub-sea salt caverns.

When the Lula field platform, which is about 300 kilometres from the coast of Rio de Janeiro, reaches full production, it could re-inject up to 1 million cubic metres of C02 per day. The company is also testing special materials to limit the corrosive impact on equipment and deep sea pipelines caused by CO2 and water.

The Lula oilfield, previously known as Tupi, holds an estimated 6.5 billion barrels of recoverable oil.

More information

Reuters article, 3 February 2011

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