Start Petrobras releases FPSO Búzios V contract and 3 companies are in dispute

Petrobras releases FPSO Búzios V contract and 3 companies are in dispute

May 17, 2018 4:53 am to 04:53
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oil, petrobras, whelks, production
oil, petrobras, whelks, production

Petrobras finally releases the season for receiving FPSO proposals that will operate in the Santos Basin with companies fiercely disputing this tender.

After several consecutive delays in capturing tender proposals to charter the Búzios V FPSO, Petrobras jumps to new stages for this unit that will operate in the Santos Basin. In the oil sector, experts on the subject say that large companies abroad have already started a fight (in a good way) to see who can get the contract for this unit, and apparently the pariah is very tight. So far, there are three major groups: Examar from Belgium, Misc from Malaysia and MODEC from Japan.

Regardless of who wins the contract, all must have the expertise to be able to operate a chartered platform that can produce around 180,000 barrels of oil daily and around 6 million m³ of gas. The contract provides for a charter of at least 21 years, which can be extended if necessary for the same period. The expected date for this FPSO to become operational and to start producing will be in 2012, under the transfer of rights regime.

This asset is part of the Santos Basin and is located in the northern sector of the asset. Petrobras started producing this one in the Búzios field in April of this year, with the P-74 unit. According to Petrobras' plans, in addition to 74, there will be 4 more units to occupy Búzios between 2018 and 2021, taking into account, of course, Búzios 5, all designed to work in the ranges of 150,000 barrels of oil and 6 million cubic meters of gas.

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