July 3, 2019
Shell is expected to receive pre-FEED (pre-pre-detail engineering) pre-FEED (Risers, Umbilicals and Flowlines Submarine) and SPS (Underwater Production System) pre-FEED for the Gato do Mato project in the pre- of the Santos Basin.
The oil company passed the suppliers two scenarios, one with three wells and one with four wells. The scope does not include wet Christmas trees, which will be purchased separately, in order to ensure greater flexibility for the operator.
Upon completion of the proceedings, Shell will initiate a tender for the acquisition of the remunerated FEED, which will be owned by Shell.
Gato do Mato’s discovery is located in block BM-S-54, adjacent to the area south of Gato do Mato, where the Anglo-Dutch company began drilling a well recently. The asset development project provides for the installation of an FPSO with the capacity to produce 90,000 bopd and compress 8.5 million m³ / d of natural gas as of the third quarter of 2023. The installation of the subsea system should begin at the beginning of 2022.
The Gato do Mato subsea is just one of a series of projects in sight in Brazil. After closing the SURFs of Mero 1 and Sepia, Petrobras is expected to start contracting the subsea goods and services of the Mero 2 and Búzios V fields later this year.
In the next four years, the tendency is for Brazil to remain – if not biggest – among the main subsea contractors in the world. Only Petrobras has, by 2023, ten offshore production systems, one in the next year and three a year after.
In addition to Petrobras works, projects such as Equinor’s second phase of Peregrino in 2020 are scheduled to come on stream; the definitive system of Atlanta (Enauta) in 2022, and Caracara (Equinor) in 2023 or 2024.
Still undisclosed projects are the Neon, Karoon, in the Santos Basin – initially planned for 2021 – and Maromba, BW Energy, in the Campos Basin.
One of the main suppliers of the segment, TechnipFMC predicts that new opportunities in the Brazilian subsea segment may generate contracts surpassing the US $ 4.5 billion mark in the next two years. The estimate considers five projects with great potential in the country: Itapu, Mero 2 and Búzios V, operated by Petrobras; Lapa NE and Lapa SW, operated by France’s Total, and Carcará, by Norwegian Equinor.
Source: Brazil Energy