McDermott close to Sepia subsea contract

03/05/2019

Sepia field submarine interconnection services should stay with McDermott. Petrobras did not accept the appeals filed by TechnipFMC and Subsea 7 that were seeking the disqualification of the US company, which presented the lowest bid price.

The competitors claimed a discrepancy between the method of launching and welding reported in McDermott’s technical proposal (reel-lay) and the costs presented for the execution of the services, “which seemed to fit the (J-lay) method – is made offshore – demanding more vessel operating time. ”

The companies also pointed to indications that McDermott’s onshore base would be located overseas, which could lead to incorrect taxation, leading to undue advantage. “Even if that is not the case, onshore services are impracticable, since the value indicated by the company is 70% lower than the average values ​​proposed by Subsea 7 and TechnipFMC,” Subsea 7 justified.

In response, Mcdermott stated that it has fully complied with all the requirements of the tender and that its proposal does not provide for use of a J-Lay vessel. “The company ratifies that all the costs informed and all the tax incidents … were duly considered in their price and confirmed in due diligence meetings with the Bidding Commission.”

According to Petrobras, the technical proposal presented by McDermott met, in fact, all the requirements set forth in the public notice.

“The Bidding Commission found that the McDermott proposal was the winner of the bid after applying the proposal equalization criteria. Therefore, only verified the effectiveness of the proposal of this company because it is the most advantageous proposal. Therefore, the proposals of the bidders Subsea 7 and TechnipFMC were not evaluated with regard to effectiveness, “the state-owned company said in its analysis of resources.

McDermott’s offer was R $ 1.093 billion, while Subsea 7 and TechnipFMC proposed, respectively, R $ 1.11 billion and R $ 1.149 billion. The Italian Saipem, which did not file an appeal, was R $ 1.389 billion.

Source: Brazil Energy

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