Karoon Energy, an ASX-listed international oil and gas exploration company Production resumes at an oil field off the coast of Brazil.
Karon who Exposed plans For the floating production, storage and offloading (FPSO) activation campaign and life extension project in August 2025, it resumed production from Pawna Projectafter closing the facilities for 28 days for planned maintenance in conjunction with the fleet-supported maintenance and revitalization campaign.
Following a period of ramp-up, Puna is producing at a rate of approximately 11,500 bpd, before resuming a natural decline, with an additional 9,000 to 10,000 bpd expected to be brought back online around mid-year, subject to the replacement of the electric submersible pump (ESP) at SPS-92, currently underway, and the recovery and reconnection of umbilical PRA-2 planned for early Q3 2026.
The maintenance shutdown, which began on April 14, 2026, was completed on time and is expected to be within budget. The scope of work delivered entailed replacing several sections of piping, including the production header system, upgrading critical systems, and replacing parts of structural elements and fittings.
In addition, the campaign included treating pipes and hull surfaces, painting several areas, including decks, hulls, pipes and flare stacks, and performing underwater hull inspections on deck. FPSO Pauna.
Marco BromhuisExecutive Vice President and Regional Director of Caron Brazil commented: “I am pleased with the outstanding delivery of this complex maintenance project. More than 130,000 man-hours were performed without casualties during the decommissioning campaign. This was a fantastic team effort from our employees and contractor base, and I would like to extend a huge thank you to everyone involved.”
The fleet-supported maintenance and revitalization campaign, which began on February 6, 2026, is progressing as planned, with the scope of work being carried out during live operations and the recent 28-day shutdown, covering the replacement of more than approximately 100 tons of pipes and structures, and the coating of approximately 20,000 square meters of infrastructure.
Maintenance shutdowns and fleet campaign work are expected to result in substantial improvements in system stability and provide sustained uptime for the FPSO, in the 90-95% efficiency range. The Baúna project includes the Baúna area, Piracabaand Batula Fields in the BM-S-40 concession area offshore Brazil.
the FPSO Cidade de ItajayThe unit, capable of operating in water depths of up to 1,000 metres, began operating in Brazil in February 2013. This unit can produce 80,000 barrels of oil per day and compress two million cubic meters of gas per day.
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