Vast carries out ExxonMobil’s first crude oil transshipment operation in Brazil

Vast Infraestrutura carried out ExxonMobil’s first crude oil transshipment operation in Brazil last Saturday (March 28), handling 1 million barrels from the Bacalhau field at Vast’s oil terminal, T-Oil, at the Port of Açu in northern Rio de Janeiro state, for shipment to the international market.

The operation involved two Suezmax-class tankers, the Primeway tanker and the Windsor Knutsen shuttle tanker, and forms part of the logistics chain for production from the field, located in the Santos Basin.

“This operation demonstrates T-Oil’s ability to support large-scale pre-salt projects with safety, efficiency and reliability,” Vast Chief Executive Victor Snabaitis Bomfim said.

The Bacalhau project marked ExxonMobil’s first production in Brazil after more than a century of presence in the country. The field is operated by Equinor, with a 40% stake, in partnership with ExxonMobil Brasil, also with 40%, and Petrogal Brasil, with 20%, under Brazil’s production-sharing regime, with PPSA acting as contract manager.

Vast currently serves a portfolio of 13 clients in total, including operations at the Açu Liquids Terminal. ExxonMobil is the most recent addition to that client base.

T-Oil is the only private terminal in Brazil authorized to handle Very Large Crude Carriers, or VLCCs, and is licensed to move up to 1.2 million barrels per day. In 2025, Vast handled 30.6 million tonnes of crude oil bound for foreign markets. With that volume, the terminal accounted for 48% of the crude oil exported through Brazilian terminals, maintaining its leadership in the segment.

Source: Vast

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