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Brazil oil regulator orders Peregrino FPSO to halt output, Prio says

ReutersAug 18, 2025 11:22 AM

- Brazilian oil company Prio PRIO3.SA said on Monday that local regulator ANP ordered a production halt at the Peregrino FPSO, citing the need for improvement in risk management documentation and the unit's deluge system.

Peregrino is currently operated by Norway's Equinor EQNR.OL, which has begun making the necessary adjustments, Prio said in a securities filing. Works are expected to take between three and six weeks, it added.

Prio is a partner in the Peregrino consortium and is set to become its operator after agreeing earlier this year to buy Equinor's stake in the oil field. It did not detail the potential impact of ANP's decision.

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