Buzios V FPSO tender has new postponement

Petrobras postponed for the sixth time in a row the bidding deadline for chartering the Búzios V FPSO, a unit scheduled to be on assignment in 2021. With the extension, the new deadline was re-scheduled for April 13.

The postponement, according to sources, was motivated not only by the request of some participating companies but also by the need to update the cost of the project with the TCU. The amount presented by the oil company to the agency was budgeted before the bidding was launched and, although it has changed, it has not been updated.

The Búzios V FPSO will have the capacity to produce 180,000 barrels / day of oil and process 12 million m3 / day of gas. The unit will be hired for a period of 21 years, with the possibility of extension for the same period.

The date of April 13 should remain as deadline without possibility of new change. The deadline previously established by Petrobras was set for next Monday (March 26).

In addition to the production unit for Búzios, Petrobras conducts three other bids for chartering four FPSOs, two for Marlim, one for Mero and another for Parque das Baleias. In all three cases, the deadline for submission of proposals was scheduled for June.

Petrobras will soon put into operation the first definitive system of Búzios, with P-74. The unit arrived at the location in early March.

In addition to the P-74, two other Búzios units will be operational during 2018, Búzios II (P-75) and Búzios III (P-76). In 2020, the oil company has scheduled the start of production of the fourth unit, P-77.

Source: Brazil Energy

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