BG Group Deploys Second Production Vessel on Sapinhoá Field, Brazil
November 21 2014 - 9:30AM
Dow Jones News
LONDON--BG Group PLC (BG.LN) said Friday it deployed a second
offshore production vessel on the Sapinhoá field in Brazil, in
which it has a 30% stake.
The Cidade de Ilhabela, a floating production, storage and
offloading vessel, can produce up to 150,000 barrels of oil and 212
million standard cubic feet of gas a day.
It brings BG's net daily capacity from Sapinhoá to 81,000
barrels of oil, the British natural gas company said.
Shares at 1337 GMT traded 32 pence or 3% higher at 1,078
pence.
Write to Ed Ballard at ed.ballard@wsj.com
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