TechnipFMC highlights projects with great potential in the Brazilian offshore for the next two years

4/26/2019

New opportunities in the Brazilian subsea segment may generate contracts surpassing the US $ 4.5 billion in the next two years. The estimate is from TechnipFMC, one of the leading global suppliers of goods and services in the area.

In a press release published on the 25 of April, the company lists five projects with great potential in the country: Itapu, Mero 2 and Búzios V, operated by Petrobras; Lapa NE and Lapa SW, by France’s Total, and Carcará, by the Norwegian Equinor.

According to TechnipFMC, the first two can each yield contracts varying between US $ 250 million and US $ 500 million; Búzios and Lapa, of US $ 500 million and US $ 1 billion in each case; and Carcará, more than US $ 1 billion.

All these developments are in the pre-salt of the Santos Basin. The assets operated by Petrobras have the first oil forecast for 2021 (Búzios V), 2022 (Mero 2) and 2023 (Itapu). The field of Total goes through a new phase of development, while Carcará must start production between 2023 and 2024.

In the first quarter, TechnipFMC closed important contracts in Brazil. One of them relates to the underwater interconnection of the Mero 1 field, valued by the company between US $ 500 million and US $ 1 billion, and the other, for the supply of flexible tubes for the Lapa field (US $ 75 million $ 250 million).

Source: Brazil Energy Magazine

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