PETROBRAS postpones until August 31 the submission of proposals for the ITAPU FPSO

Jul 13, 2020

Petrobras confirmed that it extended the deadline for the submission of proposals to the Bidding Commission for contracting the FPSO for Itapu. Another 42 days were given, with the date now set for August 31. During this period, adjustments will be made to the project and even a possible definition of whether the FPSO will be contracted or not. Each participant received a statement from the state-owned company stating that the future of the project will be defined by that date.

The news of the postponement of the deadline for the submission of proposals has aggravated the bidding process, because to elaborate a new proposal the cost exceeds R $ 3 million. The date for submission of proposals was set for July 27.

The FPSO that Petrobras is requesting in the tender will have the capacity of 120 thousand barrels of oil per day and compress 3 million m³ / d of gas. The charter has a term of 21 years, and the minimum local content requirement for conversion is set at 25%.

An alternative studied by Petrobras would be to use the P-71 in Itapu, but the studies have not yet indicated a definitive conclusion. The contract for the construction of the P-71 was closed at the end of 2010, in the package of replicating units. The works faced several problems. Today, the unit is undergoing integration works at the Jurong Shipyard (ES). The unit is scheduled to start operating in 2022.

Source: PetroNoticias

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