DELAY ON RETURN TO WORK AT THE SINGAPORE SHIPYARD MAY DELAY THE COMPLETION OF MERO FPSO 2

Aug 11, 2020

The pandemic should also cause the delay in the delivery of the FPSO Sepetiba that SBM Offshore is building to be installed in Campo de Mero 2. The crisis in international health has caused the closure of many offices and supplier companies in Singapore, where the unit will be built . The company says it is making every effort to keep this time to a minimum, to avoid significant delays in field operations. Petrobras has already been informed, is aware of and is monitoring the problem closely.

The first oil in the Mero 2 field, in the Santos Basin, is only expected in two and a half years, in 2023. The Mero field is located in the Libra area, operated by Petrobras (40%) in partnership with Shell (20%), Total (20%), CNPC (10%) and CNOOC (10%). The FPSO is still in the engineering phase, a fundamental factor for the smooth running of the project. The ship’s modules will be built here in Brazil and China. The progress of the ship’s construction should already be over 40%, but it is still far from this mark. SBM is the operator and majority shareholder of the vessel, with a 64.5% stake, in a consortium with Mitsubishi Corporation (20%) and Nippon (15.5%). SBM has 7 platforms in Brazil: the FPSOs Espírito Santo, Anchieta, Capixaba,  Cidade de Paraty, Cidade de  Ilhabela, Cidade de Maricá  and Cidade de  Saquarema.

Source: PetroNoticias

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